The company reported standalone net loss during the quarter stood at Rs 10.36 crore as compared to net loss of Rs 11.20 crore in the previous year quarter.
Net revenue of the company declined moderately by 17.74 per cent at Rs 228.83 crore in April-June quarter of this fiscal as against Rs 278.17 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 15.02 per cent to Rs 237.90 crore from Rs 279.96 crore in year ago period.
Other Income grew by 40.47 per cent at Rs 5.97 crore versus (Jun'24 Rs 4.25 crore).
Operating Profit surged by 406.70 per cent to Rs -9.07 crore as against Rs -1.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 518.75 per cent in June quarter.
Interest declined by 94.21 per cent y-o-y to Rs 0.39 crore