The company reported standalone net loss during the quarter stood at Rs 1.39 crore compared to net profit of Rs 3.85 crore in the previous year quarter.ÿ

Net revenue of the company rose substantially by 34.50 per cent at Rs 111.86 crore in April-June quarter of this fiscal as against Rs 83.17 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 39.67 per cent to Rs 107.67 crore from Rs 77.09 crore in year ago period.

Other Income grew by 18.18 per cent at Rs 0.26 crore versus (Jun'24 Rs 0.22 crore).

Operating Profit slipped by 31.36 per cent to Rs 4.18 crore as against Rs 6.09 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 48.91 per cent in June quarter.

Interest grew by 451.22 per cent y-o-y to Rs 2.26 crore, while Taxation decreased by 133.06 per cent at Rs -0.40 crore (Jun'24 Rs 1.21 crore).