The company reported standalone net profit during the quarter stood at Rs 0.99 crore compared to net loss of Rs 5.20 crore in the previous year quarter.
Net revenue of the company rose substantially by 37.96 per cent at Rs 154.92 crore in January-March quarter of this fiscal as against Rs 112.29 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 31.65 per cent to Rs 148.57 crore from Rs 112.85 crore in year ago period.
Other Income grew by 89.27 per cent at Rs 3.88 crore versus (Mar'24 Rs 2.05 crore).
Operating Profit surged by 1232.14 per cent to Rs 6.34 crore as against Rs -0.56 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 920.00 per cent in March quarter.
Interest grew by 15.45 per cent y-o-y to Rs 5.23 crore, while Taxation increased by 205.68 per cent at Rs 0.93 crore (Mar'24 Rs -0.88 crore).