The company reported standalone net loss during the quarter stood at Rs 23.26 crore as compared to net loss of Rs 43.04 crore in the previous year quarter.
Net revenue of the company declined moderately by 17.72 per cent at Rs 157.16 crore in April-June quarter of this fiscal as against Rs 191.00 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 22.85 per cent to Rs 153.87 crore from Rs 199.44 crore in year ago period.
Other Income grew by 8.23 per cent at Rs 46.94 crore versus (Jun'24 Rs 43.37 crore).
Operating Profit surged by 138.98 per cent to Rs 3.29 crore as against Rs -8.44 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 147.29 per cent in June quarter.
Interest declined by 3.59 per cent y-o-y to Rs 63.89 crore