The company reported standalone net loss during the quarter stood at Rs 0.82 crore compared to net profit of Rs 0.70 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 42.59 per cent at Rs 2.75 crore in April-June quarter of this fiscal as against Rs 4.79 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 8.53 per cent to Rs 3.54 crore from Rs 3.87 crore in year ago period.

Other Income grew by 200.00 per cent at Rs 0.06 crore versus (Jun'24 Rs 0.02 crore).

Operating Profit slipped by 183.87 per cent to Rs -0.78 crore as against Rs 0.93 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 247.34 per cent in June quarter.

Interest grew by 100.00 per cent y-o-y to Rs 0.02 crore, while Taxation decreased by 141.67 per cent at Rs -0.05 crore (Jun'24 Rs 0.12 crore).