The company reported standalone net profit during the quarter stood at Rs 1.63 crore compared to net loss of Rs 2.08 crore in the previous year quarter.
Net revenue of the company rose moderately by 7.72 per cent at Rs 232.23 crore in January-March quarter of this fiscal as against Rs 215.58 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 0.58 per cent to Rs 222.24 crore from Rs 220.95 crore in year ago period.
Other Income dipped by 25.52 per cent at Rs 5.34 crore versus (Mar'24 Rs 7.17 crore).
Operating Profit surged by 286.03 per cent to Rs 9.99 crore as against Rs -5.37 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 272.69 per cent in March quarter.
Interest declined by 60.98 per cent y-o-y to Rs 0.16 crore, while Taxation increased by 459.75 per cent at Rs 8.67 crore (Mar'24 Rs -2.41 crore).