India, Aug. 14 -- The company reported standalone net loss during the quarter stood at Rs 2.83 crore as compared to net loss of Rs 8.01 crore in the previous year quarter.
Net revenue of the company declined substantially by 80.06 per cent at Rs 23.64 crore in April-June quarter of this fiscal as against Rs 118.55 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 80.41 per cent to Rs 24.56 crore from Rs 125.35 crore in year ago period.
Operating Profit slipped by 86.47 per cent to Rs -0.92 crore as against Rs -6.80 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 32.23 per cent in June quarter.
Interest declined by 5.41 per cent y-o-y to Rs 1.0...