The company reported standalone net loss during the quarter stood at Rs 0.69 crore compared to net profit of Rs 0.59 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 23.31 per cent at Rs 73.66 crore in April-June quarter of this fiscal as against Rs 96.05 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 17.13 per cent to Rs 74.72 crore from Rs 90.16 crore in year ago period.
Other Income grew by 27650.00 per cent at Rs 5.55 crore versus (Jun'24 Rs 0.02 crore).
Operating Profit slipped by 118.00 per cent to Rs -1.06 crore as against Rs 5.89 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 123.49 per cent in June quarter.
Interest grew by 0.00 per cent y-o-y to Rs 3.22 crore