The company reported standalone net profit during the quarter stood at Rs 0.69 crore compared to net loss of Rs 2.44 crore in the previous year quarter.
Net revenue of the company rose three fold by 319.05 per cent at Rs 4.40 crore in January-March quarter of this fiscal as against Rs 1.05 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.15 per cent to Rs 4.02 crore from Rs 3.86 crore in year ago period.
Other Income grew by 700.00 per cent at Rs 0.08 crore versus (Mar'24 Rs 0.01 crore).
Operating Profit surged by 113.52 per cent to Rs 0.38 crore as against Rs -2.81 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 103.26 per cent in March quarter.
Interest declined by 87.10 per cent y-o-y to Rs 0.12 crore, while Taxation decreased by 336.84 per cent at Rs -0.45 crore (Mar'24 Rs 0.19 crore).