The company reported standalone net profit during the quarter stood at Rs 2.10 crore compared to net loss of Rs 0.93 crore in the previous year quarter.
Net revenue of the company rose substantially by 24.83 per cent at Rs 56.36 crore in January-March quarter of this fiscal as against Rs 45.15 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 10.09 per cent to Rs 52.90 crore from Rs 48.05 crore in year ago period.
Other Income dipped by 5.43 per cent at Rs 2.61 crore versus (Mar'24 Rs 2.76 crore).
Operating Profit surged by 218.90 per cent to Rs 3.46 crore as against Rs -2.91 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 195.49 per cent in March quarter.
Interest declined by 60.00 per cent y-o-y to Rs 0.02 crore, while Taxation increased by 2592.31 per cent at Rs 3.24 crore (Mar'24 Rs -0.13 crore).