The company reported standalone net profit during the quarter stood at Rs 21.01 crore compared to net loss of Rs 3.66 crore in the previous year quarter.
Net revenue of the company declined moderately by 16.93 per cent at Rs 4.76 crore in January-March quarter of this fiscal as against Rs 5.73 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 28.57 per cent to Rs 5.10 crore from Rs 7.14 crore in year ago period.
Other Income dipped by 11.58 per cent at Rs 0.84 crore versus (Mar'24 Rs 0.95 crore).
Operating Profit slipped by 76.06 per cent to Rs -0.34 crore as against Rs -1.42 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 70.83 per cent in March quarter.
Interest declined by 320.93 per cent y-o-y to Rs -3.80 crore, while Taxation increased by 5453.33 per cent at Rs 8.03 crore (Mar'24 Rs -0.15 crore).