The company reported standalone net loss during the quarter stood at Rs 2.06 crore as compared to net loss of Rs 6.57 crore in the previous year quarter.
Net revenue of the company rose substantially by 24.18 per cent at Rs 45.29 crore in April-June quarter of this fiscal as against Rs 36.47 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 18.98 per cent to Rs 39.61 crore from Rs 33.29 crore in year ago period.
Other Income grew by 153.73 per cent at Rs 1.70 crore versus (Jun'24 Rs 0.67 crore).
Operating Profit surged by 78.62 per cent to Rs 5.68 crore as against Rs 3.18 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 43.92 per cent in June quarter.
Interest declined by 54.75 per cent y-o-y to Rs 3.24 crore, while Taxation decreased by 70.05 per cent at Rs -0.65 crore (Jun'24 Rs -2.17 crore).