The company reported standalone net profit during the quarter stood at Rs 0.86 crore compared to net loss of Rs 0.23 crore in the previous year quarter.
Net revenue of the company rose substantially by 50.21 per cent at Rs 52.89 crore in January-March quarter of this fiscal as against Rs 35.21 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 47.38 per cent to Rs 50.05 crore from Rs 33.96 crore in year ago period.
Other Income dipped by 8.33 per cent at Rs 0.22 crore versus (Mar'24 Rs 0.24 crore).
Operating Profit surged by 127.20 per cent to Rs 2.84 crore as against Rs 1.25 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 51.27 per cent in March quarter.
Interest grew by 1.10 per cent y-o-y to Rs 0.92 crore, while Taxation increased by 182.76 per cent at Rs 0.24 crore (Mar'24 Rs -0.29 crore).