The company reported standalone net loss during the quarter stood at Rs 0.27 crore as compared to net loss of Rs 0.13 crore in the previous year quarter.

Net revenue of the company declined substantially by 20.71 per cent at Rs 8.04 crore in April-June quarter of this fiscal as against Rs 10.14 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 21.02 per cent to Rs 7.44 crore from Rs 9.42 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.01 crore versus (Jun'24 Rs 0.01 crore).

Operating Profit slipped by 15.28 per cent to Rs 0.61 crore as against Rs 0.72 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.33 per cent in June quarter.

Interest declined by 23.40 per cent y-o-y to Rs 0.36 crore, while Taxation increased by 0.00 per cent at Rs -0.04 crore (Jun'24 Rs -0.04 crore).