The company reported standalone net loss during the quarter stood at Rs 5.52 crore compared to net profit of Rs 2.72 crore in the previous year quarter.ÿ

Net revenue of the company declined moderately by 9.36 per cent at Rs 77.01 crore in April-June quarter of this fiscal as against Rs 84.96 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 8.45 per cent to Rs 71.83 crore from Rs 78.46 crore in year ago period.

Other Income grew by 270.35 per cent at Rs 6.37 crore versus (Jun'24 Rs 1.72 crore).

Operating Profit slipped by 20.31 per cent to Rs 5.18 crore as against Rs 6.50 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 12.16 per cent in June quarter.

Interest grew by 1762.12 per cent y-o-y to Rs 12.29 crore, while Taxation decreased by 76.92 per cent at Rs 0.33 crore (Jun'24 Rs 1.43 crore).