The company reported standalone net profit during the quarter stood at Rs 18.65 crore compared to net loss of Rs 1.37 crore in the previous year quarter.
Net revenue of the company rose substantially by 36.81 per cent at Rs 45.86 crore in January-March quarter of this fiscal as against Rs 33.52 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 23.78 per cent to Rs 43.73 crore from Rs 35.33 crore in year ago period.
Other Income dipped by 97.83 per cent at Rs 0.01 crore versus (Mar'24 Rs 0.46 crore).
Operating Profit surged by 217.68 per cent to Rs 2.13 crore as against Rs -1.81 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 185.77 per cent in March quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.10 crore, while Taxation increased by 0.00 per cent at Rs 2.20 crore (Mar'24 Rs 0.00 crore).