The company reported standalone net loss during the quarter stood at Rs 13.82 crore as compared to net loss of Rs 30.10 crore in the previous year quarter.

Net revenue of the company declined moderately by 13.77 per cent at Rs 54.41 crore in April-June quarter of this fiscal as against Rs 63.10 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 15.22 per cent to Rs 46.63 crore from Rs 55.00 crore in year ago period.

Other Income dipped by 24.49 per cent at Rs 0.37 crore versus (Jun'24 Rs 0.49 crore).

Operating Profit slipped by 3.83 per cent to Rs 7.78 crore as against Rs 8.09 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 11.46 per cent in June quarter.

Interest declined by 48.14 per cent y-o-y to Rs 17.45 crore