The company reported standalone net profit during the quarter stood at Rs 0.91 crore compared to net loss of Rs 4.57 crore in the previous year quarter.
Net revenue of the company rose substantially by 30.52 per cent at Rs 11.59 crore in January-March quarter of this fiscal as against Rs 8.88 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 32.29 per cent to Rs 10.40 crore from Rs 15.36 crore in year ago period.
Other Income dipped by 54.65 per cent at Rs 1.56 crore versus (Mar'24 Rs 3.44 crore).
Operating Profit surged by 118.36 per cent to Rs 1.19 crore as against Rs -6.48 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 114.03 per cent in March quarter.
Interest grew by 45.16 per cent y-o-y to Rs 0.45 crore, while Taxation decreased by 200.00 per cent at Rs -0.02 crore (Mar'24 Rs 0.02 crore).