The company reported standalone net profit during the quarter stood at Rs 1.93 crore compared to net loss of Rs 0.17 crore in the previous year quarter.
Net revenue of the company rose moderately by 9.78 per cent at Rs 14.03 crore in January-March quarter of this fiscal as against Rs 12.78 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 11.39 per cent to Rs 12.81 crore from Rs 11.50 crore in year ago period.
Other Income dipped by 6.06 per cent at Rs 0.31 crore versus (Mar'24 Rs 0.33 crore).
Operating Profit slipped by 5.43 per cent to Rs 1.22 crore as against Rs 1.29 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 14.00 per cent in March quarter.
Interest declined by 25.00 per cent y-o-y to Rs 0.03 crore, while Taxation decreased by 159.71 per cent at Rs -0.83 crore (Mar'24 Rs 1.39 crore).