The company reported standalone net profit during the quarter stood at Rs 2.49 crore compared to net loss of Rs 6.75 crore in the previous year quarter.
Net revenue of the company rose substantially by 84.13 per cent at Rs 71.11 crore in January-March quarter of this fiscal as against Rs 38.62 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 43.47 per cent to Rs 67.23 crore from Rs 46.86 crore in year ago period.
Other Income dipped by 67.69 per cent at Rs 1.58 crore versus (Mar'24 Rs 4.89 crore).
Operating Profit surged by 147.09 per cent to Rs 3.88 crore as against Rs -8.24 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 125.55 per cent in March quarter.
Interest declined by 21.95 per cent y-o-y to Rs 0.64 crore, while Taxation increased by 155.17 per cent at Rs 0.74 crore (Mar'24 Rs 0.29 crore).