The company reported standalone net loss during the quarter stood at Rs 1.12 crore compared to net profit of Rs 1.10 crore in the previous year quarter.ÿ
Net revenue of the company declined moderately by 9.90 per cent at Rs 23.75 crore in April-June quarter of this fiscal as against Rs 26.36 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 3.79 per cent to Rs 22.10 crore from Rs 22.97 crore in year ago period.
Operating Profit slipped by 51.03 per cent to Rs 1.66 crore as against Rs 3.39 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 45.68 per cent in June quarter.
Interest declined by 9.09 per cent y-o-y to Rs 0.80 crore, while Taxation increased by 271.43 per cent at Rs 0.24 crore (Jun'24 Rs -0.14 crore).