The company reported standalone net loss during the quarter stood at Rs 3.29 crore as compared to net loss of Rs 6.34 crore in the previous year quarter.

Net revenue of the company rose substantially by 20.31 per cent at Rs 87.14 crore in April-June quarter of this fiscal as against Rs 72.43 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 14.66 per cent to Rs 89.85 crore from Rs 78.36 crore in year ago period.

Other Income grew by 153.85 per cent at Rs 0.99 crore versus (Jun'24 Rs 0.39 crore).

Operating Profit slipped by 54.30 per cent to Rs -2.71 crore as against Rs -5.93 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 61.98 per cent in June quarter.

Interest grew by 46.38 per cent y-o-y to Rs 1.01 crore, while Taxation decreased by 46.54 per cent at Rs -1.16 crore (Jun'24 Rs -2.17 crore).