The company reported standalone net loss during the quarter stood at Rs 9.68 crore compared to net profit of Rs 0.16 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 15.22 per cent at Rs 127.55 crore in April-June quarter of this fiscal as against Rs 110.70 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 26.99 per cent to Rs 133.00 crore from Rs 104.73 crore in year ago period.

Other Income grew by 1200.00 per cent at Rs 0.13 crore versus (Jun'24 Rs 0.01 crore).

Operating Profit slipped by 191.29 per cent to Rs -5.45 crore as against Rs 5.97 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 179.22 per cent in June quarter.

Interest grew by 55.03 per cent y-o-y to Rs 4.93 crore, while Taxation decreased by 8250.00 per cent at Rs -3.26 crore (Jun'24 Rs 0.04 crore).