The company reported standalone net profit during the quarter stood at Rs 1.30 crore compared to net loss of Rs 0.23 crore in the previous year quarter.
Net revenue of the company rose three fold by 1392.00 per cent at Rs 14.92 crore in January-March quarter of this fiscal as against Rs 1.00 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 715.98 per cent to Rs 13.79 crore from Rs 1.69 crore in year ago period.
Other Income dipped by 20.00 per cent at Rs 0.44 crore versus (Mar'24 Rs 0.55 crore).
Operating Profit surged by 263.77 per cent to Rs 1.13 crore as against Rs -0.69 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 111.11 per cent in March quarter.
Interest grew by 237.50 per cent y-o-y to Rs 0.27 crore, while Taxation decreased by 66.67 per cent at Rs -0.02 crore (Mar'24 Rs -0.06 crore).