The company reported standalone net loss during the quarter stood at Rs 0.25 crore as compared to net loss of Rs 0.92 crore in the previous year quarter.

Net revenue of the company rose moderately by 18.63 per cent at Rs 45.85 crore in April-June quarter of this fiscal as against Rs 38.65 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 16.13 per cent to Rs 45.29 crore from Rs 39.00 crore in year ago period.

Other Income dipped by 88.89 per cent at Rs 0.03 crore versus (Jun'24 Rs 0.27 crore).

Operating Profit surged by 260.00 per cent to Rs 0.56 crore as against Rs -0.35 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 233.70 per cent in June quarter.

Interest grew by 9.21 per cent y-o-y to Rs 0.83 crore, while Taxation increased by 0.00 per cent at Rs -0.08 crore (Jun'24 Rs 0.00 crore).