The company reported standalone net profit during the quarter stood at Rs 1.57 crore compared to net loss of Rs 0.16 crore in the previous year quarter.
Net revenue of the company rose substantially by 51.85 per cent at Rs 39.83 crore in January-March quarter of this fiscal as against Rs 26.23 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 46.21 per cent to Rs 36.48 crore from Rs 24.95 crore in year ago period.
Other Income grew by 15.38 per cent at Rs 0.15 crore versus (Mar'24 Rs 0.13 crore).
Operating Profit surged by 161.72 per cent to Rs 3.35 crore as against Rs 1.28 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 72.54 per cent in March quarter.
Interest declined by 21.49 per cent y-o-y to Rs 0.95 crore, while Taxation increased by 257.69 per cent at Rs 0.93 crore (Mar'24 Rs 0.26 crore).