The company reported standalone net loss during the quarter stood at Rs 6.22 crore as compared to net loss of Rs 1.06 crore in the previous year quarter.

Net revenue of the company declined moderately by 6.08 per cent at Rs 62.91 crore in April-June quarter of this fiscal as against Rs 66.98 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 2.86 per cent to Rs 69.66 crore from Rs 71.71 crore in year ago period.

Other Income dipped by 19.84 per cent at Rs 7.80 crore versus (Jun'24 Rs 9.73 crore).

Operating Profit surged by 42.71 per cent to Rs -6.75 crore as against Rs -4.73 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 51.98 per cent in June quarter.

Interest grew by 53.70 per cent y-o-y to Rs 9.56 crore, while Taxation increased by 117.65 per cent at Rs -4.07 crore (Jun'24 Rs -1.87 crore).