The company reported standalone net profit during the quarter stood at Rs 2.26 crore compared to net loss of Rs 0.27 crore in the previous year quarter.
Net revenue of the company rose moderately by 7.76 per cent at Rs 26.53 crore in January-March quarter of this fiscal as against Rs 24.62 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 4.40 per cent to Rs 22.62 crore from Rs 23.66 crore in year ago period.
Other Income dipped by 83.33 per cent at Rs 0.04 crore versus (Mar'24 Rs 0.24 crore).
Operating Profit surged by 303.09 per cent to Rs 3.91 crore as against Rs 0.97 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 275.77 per cent in March quarter.
Interest declined by 17.05 per cent y-o-y to Rs 0.73 crore, while Taxation increased by 92.11 per cent at Rs 0.73 crore (Mar'24 Rs 0.38 crore).