The company reported standalone net profit during the quarter stood at Rs 5.25 crore compared to net loss of Rs 2.33 crore in the previous year quarter.
Net revenue of the company rose moderately by 7.90 per cent at Rs 200.92 crore in January-March quarter of this fiscal as against Rs 186.21 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 1.32 per cent to Rs 183.56 crore from Rs 186.01 crore in year ago period.
Other Income grew by 324.00 per cent at Rs 2.12 crore versus (Mar'24 Rs 0.50 crore).
Operating Profit surged by 8580.00 per cent to Rs 17.36 crore as against Rs 0.20 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 7754.55 per cent in March quarter.
Interest grew by 2.08 per cent y-o-y to Rs 3.93 crore, while Taxation increased by 420.16 per cent at Rs 8.26 crore (Mar'24 Rs -2.58 crore).