The company reported standalone net profit during the quarter stood at Rs 0.48 crore compared to net loss of Rs 0.06 crore in the previous year quarter.
Net revenue of the company rose marginally by 1.18 per cent at Rs 17.16 crore in January-March quarter of this fiscal as against Rs 16.96 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 6.67 per cent to Rs 14.83 crore from Rs 15.89 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.16 crore versus (Mar'24 Rs 0.00 crore).
Operating Profit surged by 116.82 per cent to Rs 2.32 crore as against Rs 1.07 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 115.42 per cent in March quarter.
Interest grew by 183.78 per cent y-o-y to Rs 1.05 crore, while Taxation increased by 53.85 per cent at Rs 0.20 crore (Mar'24 Rs 0.13 crore).