The company reported standalone net loss during the quarter stood at Rs 1.78 crore as compared to net loss of Rs 1.50 crore in the previous year quarter.

Net revenue of the company rose substantially by 20.34 per cent at Rs 47.86 crore in April-June quarter of this fiscal as against Rs 39.77 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 22.91 per cent to Rs 49.30 crore from Rs 40.11 crore in year ago period.

Other Income grew by 200.00 per cent at Rs 0.09 crore versus (Jun'24 Rs 0.03 crore).

Operating Profit surged by 323.53 per cent to Rs -1.44 crore as against Rs -0.34 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 254.12 per cent in June quarter.

Interest declined by 16.39 per cent y-o-y to Rs 0.51 crore, while Taxation increased by 81.25 per cent at Rs -0.87 crore (Jun'24 Rs -0.48 crore).