The company reported standalone net loss during the quarter stood at Rs 23.27 crore as compared to net loss of Rs 11.90 crore in the previous year quarter.

Net revenue of the company declined substantially by 82.42 per cent at Rs 1.83 crore in April-June quarter of this fiscal as against Rs 10.41 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 3.73 per cent to Rs 8.90 crore from Rs 8.58 crore in year ago period.

Other Income dipped by 76.92 per cent at Rs 0.09 crore versus (Jun'24 Rs 0.39 crore).

Operating Profit slipped by 486.34 per cent to Rs -7.07 crore as against Rs 1.83 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2297.50 per cent in June quarter.

Interest grew by 21.90 per cent y-o-y to Rs 13.86 crore