India, Aug. 19 -- The company reported standalone net loss during the quarter stood at Rs 78.32 crore as compared to net loss of Rs 32.01 crore in the previous year quarter.

Net revenue of the company declined substantially by 58.19 per cent at Rs 10.31 crore in April-June quarter of this fiscal as against Rs 24.66 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 58.20 per cent to Rs 13.44 crore from Rs 32.15 crore in year ago period.

Operating Profit slipped by 58.21 per cent to Rs -3.13 crore as against Rs -7.49 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.03 per cent in June quarter.

Interest declined by 99.95 per cent y-o-y to Rs 0.0...