The company reported standalone net loss during the quarter stood at Rs 13.55 crore as compared to net loss of Rs 25.26 crore in the previous year quarter.
Net revenue of the company rose moderately by 13.13 per cent at Rs 70.29 crore in April-June quarter of this fiscal as against Rs 62.13 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 13.79 per cent to Rs 55.44 crore from Rs 48.72 crore in year ago period.
Other Income dipped by 36.36 per cent at Rs 0.28 crore versus (Jun'24 Rs 0.44 crore).
Operating Profit surged by 10.66 per cent to Rs 14.85 crore as against Rs 13.42 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2.22 per cent in June quarter.
Interest declined by 45.70 per cent y-o-y to Rs 18.51 crore, while Taxation increased by 0.00 per cent at Rs 5.36 crore (Jun'24 Rs 0.00 crore).