The company reported standalone net loss during the quarter stood at Rs 3.47 crore compared to net profit of Rs 1.62 crore in the previous year quarter. 

Net revenue of the company declined by 5.15 per cent at Rs 40.74 crore in April-June quarter of this fiscal as against Rs 42.95 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 0.05 per cent to Rs 42.45 crore from Rs 42.47 crore in year ago period.

Other Income dipped by 37.64 per cent at Rs 3.23 crore versus (Jun'24 Rs 5.18 crore).

Operating Profit slipped by 456.25 per cent to Rs -1.71 crore as against Rs 0.48 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 475.00 per cent in June quarter.

Interest grew by 12.96 per cent y-o-y to Rs 0.61 crore