The company reported standalone net profit during the quarter stood at Rs 11.45 crore compared to net loss of Rs 11.46 crore in the previous year quarter.
Net revenue of the company declined marginally by 4.77 per cent at Rs 156.00 crore in January-March quarter of this fiscal as against Rs 163.82 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 2.60 per cent to Rs 142.27 crore from Rs 138.67 crore in year ago period.
Other Income grew by 10.64 per cent at Rs 9.36 crore versus (Mar'24 Rs 8.46 crore).
Operating Profit slipped by 45.41 per cent to Rs 13.73 crore as against Rs 25.15 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 42.67 per cent in March quarter.
Interest declined by 15.03 per cent y-o-y to Rs 1.30 crore, while Taxation increased by 176.92 per cent at Rs 2.90 crore (Mar'24 Rs -3.77 crore).