The company reported standalone net profit during the quarter stood at Rs 0.68 crore compared to net loss of Rs 11.18 crore in the previous year quarter.
Net revenue of the company rose three fold by 1338.97 per cent at Rs 39.14 crore in January-March quarter of this fiscal as against Rs 2.72 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 176.80 per cent to Rs 36.51 crore from Rs 13.19 crore in year ago period.
Other Income dipped by 97.13 per cent at Rs 0.06 crore versus (Mar'24 Rs 2.09 crore).
Operating Profit surged by 125.21 per cent to Rs 2.64 crore as against Rs -10.47 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 101.75 per cent in March quarter.
Interest grew by 17.33 per cent y-o-y to Rs 0.88 crore, while Taxation decreased by 207.89 per cent at Rs -0.41 crore (Mar'24 Rs 0.38 crore).