The company reported standalone net loss during the quarter stood at Rs 1.57 crore compared to net profit of Rs 0.39 crore in the previous year quarter.ÿ
Net revenue of the company declined substantially by 30.67 per cent at Rs 21.41 crore in April-June quarter of this fiscal as against Rs 30.88 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 27.25 per cent to Rs 20.40 crore from Rs 28.04 crore in year ago period.
Other Income grew by 16.22 per cent at Rs 0.86 crore versus (Jun'24 Rs 0.74 crore).
Operating Profit slipped by 64.44 per cent to Rs 1.01 crore as against Rs 2.84 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 48.48 per cent in June quarter.
Interest grew by 23.16 per cent y-o-y to Rs 2.18 crore