The company reported standalone net loss during the quarter stood at Rs 2.89 crore compared to net profit of Rs 0.42 crore in the previous year quarter.ÿ
Net revenue of the company rose substantially by 32.38 per cent at Rs 54.86 crore in April-June quarter of this fiscal as against Rs 41.44 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 39.57 per cent to Rs 57.21 crore from Rs 40.99 crore in year ago period.
Other Income grew by 10.44 per cent at Rs 2.01 crore versus (Jun'24 Rs 1.82 crore).
Operating Profit slipped by 624.44 per cent to Rs -2.36 crore as against Rs 0.45 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 494.50 per cent in June quarter.
Interest grew by 47.25 per cent y-o-y to Rs 1.34 crore, while Taxation decreased by 107.69 per cent at Rs -0.01 crore (Jun'24 Rs 0.13 crore).