The company reported standalone net loss during the quarter stood at Rs 2.02 crore compared to net profit of Rs 0.45 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 17.05 per cent at Rs 38.58 crore in April-June quarter of this fiscal as against Rs 46.51 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 12.31 per cent to Rs 39.40 crore from Rs 44.93 crore in year ago period.
Other Income dipped by 36.79 per cent at Rs 0.67 crore versus (Jun'24 Rs 1.06 crore).
Operating Profit slipped by 151.90 per cent to Rs -0.82 crore as against Rs 1.58 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 162.65 per cent in June quarter.
Interest declined by 12.39 per cent y-o-y to Rs 0.99 crore, while Taxation decreased by 153.85 per cent at Rs -0.07 crore (Jun'24 Rs 0.13 crore).