The company reported standalone net profit during the quarter stood at Rs 2.02 crore compared to net loss of Rs 0.02 crore in the previous year quarter.
Net revenue of the company rose substantially by 52.93 per cent at Rs 37.62 crore in January-March quarter of this fiscal as against Rs 24.60 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 42.37 per cent to Rs 34.54 crore from Rs 24.26 crore in year ago period.
Other Income dipped by 75.00 per cent at Rs 0.02 crore versus (Mar'24 Rs 0.08 crore).
Operating Profit surged by 805.88 per cent to Rs 3.08 crore as against Rs 0.34 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 489.21 per cent in March quarter.
Interest grew by 53.85 per cent y-o-y to Rs 0.20 crore, while Taxation increased by 364.29 per cent at Rs 0.65 crore (Mar'24 Rs 0.14 crore).