The company reported standalone net profit during the quarter stood at Rs 0.17 crore compared to net loss of Rs 0.43 crore in the previous year quarter.
Net revenue of the company rose three fold by 806.84 per cent at Rs 21.22 crore in January-March quarter of this fiscal as against Rs 2.34 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 613.95 per cent to Rs 20.99 crore from Rs 2.94 crore in year ago period.
Operating Profit surged by 138.33 per cent to Rs 0.23 crore as against Rs -0.60 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 104.16 per cent in March quarter.
Taxation increased by 135.29 per cent at Rs 0.06 crore (Mar'24 Rs -0.17 crore).