India, Aug. 27 -- The company reported standalone net loss during the quarter stood at Rs 22.98 crore as compared to net loss of Rs 20.71 crore in the previous year quarter.

Net revenue of the company rose substantially by 42.08 per cent at Rs 22.79 crore in April-June quarter of this fiscal as against Rs 16.04 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 59.44 per cent to Rs 19.34 crore from Rs 12.13 crore in year ago period.

Operating Profit slipped by 11.76 per cent to Rs 3.45 crore as against Rs 3.91 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 37.86 per cent in June quarter.

Interest grew by 10.38 per cent y-o-y to Rs 19.36 cr...