The company reported standalone net profit during the quarter stood at Rs 4.79 crore compared to net loss of Rs 50.82 crore in the previous year quarter.
Net revenue of the company rose by 5.81 per cent at Rs 103.50 crore in January-March quarter of this fiscal as against Rs 97.82 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 2.36 per cent to Rs 90.26 crore from Rs 92.44 crore in year ago period.
Other Income grew by 1688.89 per cent at Rs 1.61 crore versus (Mar'24 Rs 0.09 crore).
Operating Profit surged by 146.10 per cent to Rs 13.24 crore as against Rs 5.38 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 132.55 per cent in March quarter.
Interest declined by 2.68 per cent y-o-y to Rs 2.90 crore, while Taxation increased by 209.30 per cent at Rs 3.29 crore (Mar'24 Rs -3.01 crore).