The company reported standalone net loss during the quarter stood at Rs 1.76 crore as compared to net loss of Rs 0.49 crore in the previous year quarter.
Net revenue of the company rose moderately by 12.06 per cent at Rs 11.15 crore in April-June quarter of this fiscal as against Rs 9.95 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 27.61 per cent to Rs 11.97 crore from Rs 9.38 crore in year ago period.
Other Income grew by 23.53 per cent at Rs 0.21 crore versus (Jun'24 Rs 0.17 crore).
Operating Profit slipped by 243.86 per cent to Rs -0.82 crore as against Rs 0.57 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 228.27 per cent in June quarter.
Interest grew by 57.14 per cent y-o-y to Rs 0.11 crore, while Taxation increased by 583.33 per cent at Rs -0.41 crore (Jun'24 Rs -0.06 crore).