The company reported standalone net loss during the quarter stood at Rs 11.46 crore as compared to net loss of Rs 5.13 crore in the previous year quarter.
Net revenue of the company declined substantially by 37.78 per cent at Rs 15.38 crore in April-June quarter of this fiscal as against Rs 24.72 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 29.41 per cent to Rs 15.22 crore from Rs 21.56 crore in year ago period.
Other Income dipped by 37.50 per cent at Rs 1.80 crore versus (Jun'24 Rs 2.88 crore).
Operating Profit slipped by 94.92 per cent to Rs 0.16 crore as against Rs 3.15 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 92.00 per cent in June quarter.
Interest grew by 35.36 per cent y-o-y to Rs 8.69 crore