The company reported standalone net profit during the quarter stood at Rs 3.24 crore compared to net loss of Rs 1.22 crore in the previous year quarter.
Net revenue of the company rose substantially by 88.91 per cent at Rs 57.77 crore in January-March quarter of this fiscal as against Rs 30.58 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 53.63 per cent to Rs 53.94 crore from Rs 35.11 crore in year ago period.
Other Income dipped by 74.00 per cent at Rs 0.65 crore versus (Mar'24 Rs 2.50 crore).
Operating Profit surged by 184.55 per cent to Rs 3.83 crore as against Rs -4.53 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 144.77 per cent in March quarter.
Interest grew by 150.00 per cent y-o-y to Rs 0.05 crore, while Taxation increased by 151.88 per cent at Rs 0.69 crore (Mar'24 Rs -1.33 crore).