The company reported standalone net profit during the quarter stood at Rs 3.55 crore compared to net loss of Rs 0.02 crore in the previous year quarter.
Net revenue of the company rose three fold by 725.86 per cent at Rs 4.79 crore in January-March quarter of this fiscal as against Rs 0.58 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 7.69 per cent to Rs 0.36 crore from Rs 0.39 crore in year ago period.
Operating Profit surged by 2226.32 per cent to Rs 4.42 crore as against Rs 0.19 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 179.81 per cent in March quarter.
Interest declined by 5.88 per cent y-o-y to Rs 0.32 crore, while Taxation increased by 530.77 per cent at Rs 0.56 crore (Mar'24 Rs -0.13 crore).