The company reported standalone net loss during the quarter stood at Rs 5.07 crore compared to net profit of Rs 3.86 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 14.65 per cent at Rs 72.71 crore in April-June quarter of this fiscal as against Rs 85.19 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 0.80 per cent to Rs 75.62 crore from Rs 76.23 crore in year ago period.
Other Income dipped by 18.39 per cent at Rs 2.13 crore versus (Jun'24 Rs 2.61 crore).
Operating Profit slipped by 132.59 per cent to Rs -2.92 crore as against Rs 8.96 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 138.12 per cent in June quarter.
Interest declined by 66.25 per cent y-o-y to Rs 2.15 crore