The company reported standalone net loss during the quarter stood at Rs 0.45 crore as compared to net loss of Rs 0.68 crore in the previous year quarter.
Net revenue of the company declined moderately by 8.02 per cent at Rs 38.10 crore in April-June quarter of this fiscal as against Rs 41.42 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 8.35 per cent to Rs 36.46 crore from Rs 39.78 crore in year ago period.
Other Income grew by 24.67 per cent at Rs 1.87 crore versus (Jun'24 Rs 1.50 crore).
Operating Profit slipped by 0.61 per cent to Rs 1.63 crore as against Rs 1.64 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 8.61 per cent in June quarter.
Interest grew by 0.40 per cent y-o-y to Rs 2.48 crore, while Taxation decreased by 32.14 per cent at Rs -0.19 crore (Jun'24 Rs -0.28 crore).