The company reported standalone net loss during the quarter stood at Rs 0.09 crore compared to net profit of Rs 2.95 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 50.93 per cent at Rs 14.30 crore in April-June quarter of this fiscal as against Rs 29.14 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 44.83 per cent to Rs 14.47 crore from Rs 26.23 crore in year ago period.

Other Income grew by 9.09 per cent at Rs 0.12 crore versus (Jun'24 Rs 0.11 crore).

Operating Profit slipped by 105.50 per cent to Rs -0.16 crore as against Rs 2.91 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 111.42 per cent in June quarter.

Interest declined by 33.33 per cent y-o-y to Rs 0.04 crore