The company reported standalone net loss during the quarter stood at Rs 4.06 crore as compared to net loss of Rs 1.20 crore in the previous year quarter.
Net revenue of the company declined by 5.82 per cent at Rs 274.90 crore in April-June quarter of this fiscal as against Rs 291.88 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 4.61 per cent to Rs 278.25 crore from Rs 291.69 crore in year ago period.
Other Income dipped by 37.50 per cent at Rs 0.25 crore versus (Jun'24 Rs 0.40 crore).
Operating Profit slipped by 1966.67 per cent to Rs -3.36 crore as against Rs 0.18 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2133.33 per cent in June quarter.
Interest declined by 19.21 per cent y-o-y to Rs 1.22 crore