The company reported standalone net profit during the quarter stood at Rs 0.03 crore compared to net loss of Rs 0.18 crore in the previous year quarter.
Net revenue of the company declined moderately by 19.00 per cent at Rs 22.77 crore in January-March quarter of this fiscal as against Rs 28.11 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 20.91 per cent to Rs 22.51 crore from Rs 28.46 crore in year ago period.
Other Income dipped by 25.00 per cent at Rs 0.12 crore versus (Mar'24 Rs 0.16 crore).
Operating Profit surged by 174.29 per cent to Rs 0.26 crore as against Rs -0.35 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 190.32 per cent in March quarter.
Interest grew by 450.00 per cent y-o-y to Rs 0.33 crore, while Taxation increased by 122.22 per cent at Rs 0.02 crore (Mar'24 Rs -0.09 crore).