The company reported standalone net loss during the quarter stood at Rs 0.61 crore as compared to net loss of Rs 0.37 crore in the previous year quarter.
Net revenue of the company declined moderately by 15.90 per cent at Rs 57.29 crore in April-June quarter of this fiscal as against Rs 68.12 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 15.40 per cent to Rs 57.37 crore from Rs 67.81 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.01 crore versus (Jun'24 Rs 0.01 crore).
Operating Profit slipped by 125.81 per cent to Rs -0.08 crore as against Rs 0.31 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 130.43 per cent in June quarter.
Interest declined by 20.00 per cent y-o-y to Rs 0.04 crore, while Taxation decreased by 1500.00 per cent at Rs -0.14 crore (Jun'24 Rs 0.01 crore).