Mumbai, Aug. 16 -- However, revenue from operations jumped fell 1.23% year on year to Rs 37.59 crore in the quarter ended 30 June 2025.

Profit before tax stood at Rs 1.61 crore in the June 2025 quarter, registering a growth of 1.89% on a YoY basis.

Total expenses shed 1.47% to Rs 36.07 crore during the quarter from Rs 36.61 crore in Q1 FY25. The cost of materials consumed stood at Rs 14.29 crore (down 10.77% YoY), while employee benefits expenses were Rs 2.73 crore (up 11.42% YoY) during the period under review.

The company also announced that its Board has granted in-principle approval to raise up to Rs 50 crore through a preferential allotment of equity shares and/or warrants to selected investors. Further details regarding the struc...