The company reported standalone net loss during the quarter stood at Rs 12.49 crore compared to net profit of Rs 0.44 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 38.17 per cent at Rs 140.85 crore in April-June quarter of this fiscal as against Rs 227.79 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 33.26 per cent to Rs 148.89 crore from Rs 223.08 crore in year ago period.

Other Income dipped by 79.08 per cent at Rs 0.64 crore versus (Jun'24 Rs 3.06 crore).

Operating Profit slipped by 270.70 per cent to Rs -8.04 crore as against Rs 4.71 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 375.85 per cent in June quarter.

Interest grew by 5.47 per cent y-o-y to Rs 3.47 crore