The company reported standalone net loss during the quarter stood at Rs 3.46 crore compared to net profit of Rs 15.14 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 9.04 per cent at Rs 250.54 crore in April-June quarter of this fiscal as against Rs 229.76 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 22.26 per cent to Rs 254.92 crore from Rs 208.51 crore in year ago period.

Other Income grew by 31.30 per cent at Rs 5.37 crore versus (Jun'24 Rs 4.09 crore).

Operating Profit slipped by 120.61 per cent to Rs -4.38 crore as against Rs 21.25 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 118.92 per cent in June quarter.

Interest declined by 31.15 per cent y-o-y to Rs 0.84 crore, while Taxation decreased by 120.92 per cent at Rs -1.09 crore (Jun'24 Rs 5.21 crore).