The company reported standalone net loss during the quarter stood at Rs 0.49 crore compared to net profit of Rs 0.14 crore in the previous year quarter.ÿ

Net revenue of the company declined moderately by 10.33 per cent at Rs 9.20 crore in April-June quarter of this fiscal as against Rs 10.26 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 4.92 per cent to Rs 9.28 crore from Rs 9.76 crore in year ago period.

Operating Profit slipped by 118.00 per cent to Rs -0.09 crore as against Rs 0.50 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 119.55 per cent in June quarter.

Interest grew by 31.58 per cent y-o-y to Rs 0.25 crore