The company reported standalone net loss during the quarter stood at Rs 9.43 crore as compared to net loss of Rs 6.13 crore in the previous year quarter.
Net revenue of the company declined moderately by 7.86 per cent at Rs 129.35 crore in April-June quarter of this fiscal as against Rs 140.38 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 4.21 per cent to Rs 120.01 crore from Rs 125.29 crore in year ago period.
Other Income dipped by 40.45 per cent at Rs 1.87 crore versus (Jun'24 Rs 3.14 crore).
Operating Profit slipped by 38.10 per cent to Rs 9.34 crore as against Rs 15.09 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 32.84 per cent in June quarter.
Interest declined by 17.70 per cent y-o-y to Rs 7.16 crore, while Taxation increased by 39.68 per cent at Rs -3.52 crore (Jun'24 Rs -2.52 crore).