The company reported standalone net loss during the quarter stood at Rs 9.16 crore compared to net profit of Rs 12.01 crore in the previous year quarter. 

Net revenue of the company rose substantially by 20.23 per cent at Rs 30.13 crore in April-June quarter of this fiscal as against Rs 25.06 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 25.60 per cent to Rs 39.05 crore from Rs 31.09 crore in year ago period.

Other Income dipped by 35.22 per cent at Rs 1.49 crore versus (Jun'24 Rs 2.30 crore).

Operating Profit surged by 48.09 per cent to Rs -8.93 crore as against Rs -6.03 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 23.10 per cent in June quarter.

Interest grew by 378.57 per cent y-o-y to Rs 1.34 crore, while Taxation decreased by 100.37 per cent at Rs -0.02 crore (Jun'24 Rs 5.42 crore).