The company reported standalone net profit during the quarter stood at Rs 3.08 crore compared to net loss of Rs 2.03 crore in the previous year quarter.
Net revenue of the company declined moderately by 14.28 per cent at Rs 163.27 crore in January-March quarter of this fiscal as against Rs 190.48 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 15.13 per cent to Rs 156.04 crore from Rs 183.86 crore in year ago period.
Other Income grew by 17.94 per cent at Rs 9.86 crore versus (Mar'24 Rs 8.36 crore).
Operating Profit surged by 9.21 per cent to Rs 7.23 crore as against Rs 6.62 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 27.30 per cent in March quarter.
Interest grew by 1.66 per cent y-o-y to Rs 2.45 crore, while Taxation decreased by 34.01 per cent at Rs 2.27 crore (Mar'24 Rs 3.44 crore).