The company reported standalone net loss during the quarter stood at Rs 1.01 crore as compared to net loss of Rs 2.38 crore in the previous year quarter.

Net revenue of the company declined moderately by 6.12 per cent at Rs 16.88 crore in April-June quarter of this fiscal as against Rs 17.98 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 11.85 per cent to Rs 17.56 crore from Rs 19.92 crore in year ago period.

Other Income grew by 33.33 per cent at Rs 0.04 crore versus (Jun'24 Rs 0.03 crore).

Operating Profit slipped by 64.95 per cent to Rs -0.68 crore as against Rs -1.94 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 62.77 per cent in June quarter.

Interest grew by 50.00 per cent y-o-y to Rs 0.48 crore, while Taxation increased by 0.00 per cent at Rs -0.28 crore (Jun'24 Rs 0.00 crore).