The company reported standalone net loss during the quarter stood at Rs 1.90 crore compared to net profit of Rs 6.30 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 17.96 per cent at Rs 19.82 crore in April-June quarter of this fiscal as against Rs 24.16 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 5.08 per cent to Rs 23.98 crore from Rs 22.82 crore in year ago period.
Other Income dipped by 11.28 per cent at Rs 7.94 crore versus (Jun'24 Rs 8.95 crore).
Operating Profit slipped by 410.45 per cent to Rs -4.16 crore as against Rs 1.34 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 477.66 per cent in June quarter.
Interest grew by 217.42 per cent y-o-y to Rs 5.65 crore, while Taxation decreased by 162.18 per cent at Rs -0.97 crore (Jun'24 Rs 1.56 crore).