The company reported standalone net profit during the quarter stood at Rs 0.99 crore compared to net loss of Rs 2.26 crore in the previous year quarter.
Net revenue of the company rose substantially by 91.03 per cent at Rs 36.43 crore in January-March quarter of this fiscal as against Rs 19.07 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 65.54 per cent to Rs 32.81 crore from Rs 19.82 crore in year ago period.
Other Income dipped by 14.75 per cent at Rs 0.52 crore versus (Mar'24 Rs 0.61 crore).
Operating Profit surged by 582.67 per cent to Rs 3.62 crore as against Rs -0.75 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 352.93 per cent in March quarter.
Interest grew by 13.37 per cent y-o-y to Rs 1.95 crore, while Taxation increased by 182.61 per cent at Rs 0.38 crore (Mar'24 Rs -0.46 crore).