The company reported standalone net loss during the quarter stood at Rs 6.99 crore compared to net profit of Rs 9.88 crore in the previous year quarter.ÿ

Net revenue of the company rose moderately by 17.84 per cent at Rs 183.25 crore in April-June quarter of this fiscal as against Rs 155.51 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 23.35 per cent to Rs 170.31 crore from Rs 138.07 crore in year ago period.

Other Income grew by 227.27 per cent at Rs 0.36 crore versus (Jun'24 Rs 0.11 crore).

Operating Profit slipped by 25.80 per cent to Rs 12.94 crore as against Rs 17.44 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 37.08 per cent in June quarter.

Interest grew by 23.22 per cent y-o-y to Rs 2.60 crore, while Taxation decreased by 168.15 per cent at Rs -2.29 crore (Jun'24 Rs 3.36 crore).