The company reported standalone net loss during the quarter stood at Rs 0.96 crore as compared to net loss of Rs 0.59 crore in the previous year quarter.

Net revenue of the company rose marginally by 4.95 per cent at Rs 16.31 crore in April-June quarter of this fiscal as against Rs 15.54 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 7.69 per cent to Rs 16.39 crore from Rs 15.22 crore in year ago period.

Other Income grew by 100.00 per cent at Rs 0.16 crore versus (Jun'24 Rs 0.08 crore).

Operating Profit slipped by 125.81 per cent to Rs -0.08 crore as against Rs 0.31 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 124.75 per cent in June quarter.

Interest grew by 8.33 per cent y-o-y to Rs 0.39 crore