The company reported standalone net profit during the quarter stood at Rs 0.96 crore compared to net loss of Rs 1.92 crore in the previous year quarter.
Net revenue of the company declined substantially by 33.61 per cent at Rs 18.92 crore in April-June quarter of this fiscal as against Rs 28.50 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 25.00 per cent to Rs 23.37 crore from Rs 31.16 crore in year ago period.
Other Income grew by 252.97 per cent at Rs 6.53 crore versus (Jun'24 Rs 1.85 crore).
Operating Profit surged by 67.92 per cent to Rs -4.45 crore as against Rs -2.65 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 152.80 per cent in June quarter.
Interest grew by 1.64 per cent y-o-y to Rs 0.62 crore