The company reported standalone net profit during the quarter stood at Rs 0.60 crore compared to net loss of Rs 0.35 crore in the previous year quarter.
Net revenue of the company rose moderately by 17.89 per cent at Rs 37.24 crore in January-March quarter of this fiscal as against Rs 31.59 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 14.35 per cent to Rs 36.02 crore from Rs 31.50 crore in year ago period.
Operating Profit surged by 1255.56 per cent to Rs 1.22 crore as against Rs 0.09 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1031.03 per cent in March quarter.
Interest declined by 29.09 per cent y-o-y to Rs 0.39 crore, while Taxation increased by 275.00 per cent at Rs 0.21 crore (Mar'24 Rs -0.12 crore).