The company reported standalone net profit during the quarter stood at Rs 3.36 crore compared to net loss of Rs 2.49 crore in the previous year quarter.
Net revenue of the company declined marginally by 3.73 per cent at Rs 4.13 crore in January-March quarter of this fiscal as against Rs 4.29 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 34.33 per cent to Rs 5.70 crore from Rs 8.68 crore in year ago period.
Other Income grew by 335.81 per cent at Rs 6.45 crore versus (Mar'24 Rs 1.48 crore).
Operating Profit slipped by 64.24 per cent to Rs -1.57 crore as against Rs -4.39 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 62.86 per cent in March quarter.
Interest declined by 97.09 per cent y-o-y to Rs 0.06 crore, while Taxation increased by 34.38 per cent at Rs 0.86 crore (Mar'24 Rs 0.64 crore).