The company reported standalone net loss during the quarter stood at Rs 1.92 crore compared to net profit of Rs 1.91 crore in the previous year quarter.ÿ

Net revenue of the company declined moderately by 10.79 per cent at Rs 87.54 crore in April-June quarter of this fiscal as against Rs 98.13 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 5.49 per cent to Rs 87.74 crore from Rs 92.84 crore in year ago period.

Other Income grew by 52.94 per cent at Rs 1.04 crore versus (Jun'24 Rs 0.68 crore).

Operating Profit slipped by 103.78 per cent to Rs -0.20 crore as against Rs 5.29 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 104.27 per cent in June quarter.

Interest grew by 5.76 per cent y-o-y to Rs 1.47 crore, while Taxation decreased by 207.69 per cent at Rs -0.70 crore (Jun'24 Rs 0.65 crore).