The company reported standalone net loss during the quarter stood at Rs 2.79 crore as compared to net loss of Rs 2.08 crore in the previous year quarter.

Net revenue of the company rose substantially by 39.65 per cent at Rs 19.37 crore in April-June quarter of this fiscal as against Rs 13.87 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 71.59 per cent to Rs 18.48 crore from Rs 10.77 crore in year ago period.

Other Income grew by 110.13 per cent at Rs 1.66 crore versus (Jun'24 Rs 0.79 crore).

Operating Profit slipped by 71.29 per cent to Rs 0.89 crore as against Rs 3.10 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 79.48 per cent in June quarter.

Interest declined by 3.90 per cent y-o-y to Rs 5.18 crore