The company reported standalone net profit during the quarter stood at Rs 0.14 crore compared to net loss of Rs 0.22 crore in the previous year quarter.
Net revenue of the company declined moderately by 8.91 per cent at Rs 23.01 crore in January-March quarter of this fiscal as against Rs 25.26 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 9.37 per cent to Rs 21.47 crore from Rs 23.69 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.16 crore versus (Mar'24 Rs 0.00 crore).
Operating Profit slipped by 1.91 per cent to Rs 1.54 crore as against Rs 1.57 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 7.38 per cent in March quarter.
Interest grew by 2.63 per cent y-o-y to Rs 0.39 crore, while Taxation decreased by 80.49 per cent at Rs 0.08 crore (Mar'24 Rs 0.41 crore).