The company reported standalone net profit during the quarter stood at Rs 1.31 crore compared to net loss of Rs 0.19 crore in the previous year quarter.
Net revenue of the company rose moderately by 19.02 per cent at Rs 44.93 crore in January-March quarter of this fiscal as against Rs 37.75 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 15.18 per cent to Rs 42.65 crore from Rs 37.03 crore in year ago period.
Other Income grew by 126.59 per cent at Rs 3.92 crore versus (Mar'24 Rs 1.73 crore).
Operating Profit surged by 216.67 per cent to Rs 2.28 crore as against Rs 0.72 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 165.45 per cent in March quarter.
Interest declined by 5.41 per cent y-o-y to Rs 2.45 crore, while Taxation increased by 245.65 per cent at Rs 0.67 crore (Mar'24 Rs -0.46 crore).