The company reported standalone net loss during the quarter stood at Rs 8.42 crore compared to net profit of Rs 15.91 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 9.13 per cent at Rs 141.46 crore in April-June quarter of this fiscal as against Rs 129.62 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 37.76 per cent to Rs 151.94 crore from Rs 110.29 crore in year ago period.

Other Income dipped by 7.44 per cent at Rs 6.97 crore versus (Jun'24 Rs 7.53 crore).

Operating Profit slipped by 154.22 per cent to Rs -10.48 crore as against Rs 19.33 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 149.70 per cent in June quarter.

Interest grew by 0.46 per cent y-o-y to Rs 2.18 crore, while Taxation decreased by 117.21 per cent at Rs -0.89 crore (Jun'24 Rs 5.17 crore).