The company reported standalone net loss during the quarter stood at Rs 0.46 crore as compared to net loss of Rs 0.24 crore in the previous year quarter.

Net revenue of the company rose substantially by 39.30 per cent at Rs 3.97 crore in April-June quarter of this fiscal as against Rs 2.85 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 41.95 per cent to Rs 3.79 crore from Rs 2.67 crore in year ago period.

Operating Profit surged by 0.00 per cent to Rs 0.18 crore as against Rs 0.18 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 27.84 per cent in June quarter.

Interest grew by 177.78 per cent y-o-y to Rs 0.25 crore