The company reported standalone net loss during the quarter stood at Rs 8.41 crore compared to net profit of Rs 8.69 crore in the previous year quarter.ÿ

Net revenue of the company rose marginally by 1.22 per cent at Rs 716.61 crore in April-June quarter of this fiscal as against Rs 707.99 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 5.77 per cent to Rs 688.38 crore from Rs 650.80 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.30 crore versus (Jun'24 Rs 0.30 crore).

Operating Profit slipped by 50.64 per cent to Rs 28.23 crore as against Rs 57.19 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 51.24 per cent in June quarter.

Interest declined by 11.99 per cent y-o-y to Rs 26.13 crore, while Taxation decreased by 186.54 per cent at Rs -4.18 crore (Jun'24 Rs 4.83 crore).