The company reported standalone net profit during the quarter stood at Rs 11.46 crore compared to net loss of Rs 3.10 crore in the previous year quarter.
Net revenue of the company rose three fold by 452.76 per cent at Rs 7.02 crore in January-March quarter of this fiscal as against Rs 1.27 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 265.64 per cent to Rs 13.09 crore from Rs 3.58 crore in year ago period.
Other Income grew by 3400.00 per cent at Rs 11.55 crore versus (Mar'24 Rs 0.33 crore).
Operating Profit surged by 162.77 per cent to Rs -6.07 crore as against Rs -2.31 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 52.64 per cent in March quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.16 crore, while Taxation increased by 0.00 per cent at Rs -7.13 crore (Mar'24 Rs 0.00 crore).