The company reported standalone net profit during the quarter stood at Rs 0.78 crore compared to net loss of Rs 2.34 crore in the previous year quarter.
Net revenue of the company rose triple digit by 137.95 per cent at Rs 21.82 crore in January-March quarter of this fiscal as against Rs 9.17 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 70.39 per cent to Rs 19.97 crore from Rs 11.72 crore in year ago period.
Other Income dipped by 108.33 per cent at Rs -0.01 crore versus (Mar'24 Rs 0.12 crore).
Operating Profit surged by 172.55 per cent to Rs 1.85 crore as against Rs -2.55 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 130.54 per cent in March quarter.
Interest grew by 17.39 per cent y-o-y to Rs 0.54 crore, while Taxation increased by 152.86 per cent at Rs 0.37 crore (Mar'24 Rs -0.70 crore).