The company reported standalone net profit during the quarter stood at Rs 7.94 crore compared to net loss of Rs 15.83 crore in the previous year quarter.
Net revenue of the company declined moderately by 8.19 per cent at Rs 28.60 crore in April-June quarter of this fiscal as against Rs 31.15 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 11.70 per cent to Rs 17.29 crore from Rs 19.58 crore in year ago period.
Other Income dipped by 81.91 per cent at Rs 0.17 crore versus (Jun'24 Rs 0.94 crore).
Operating Profit slipped by 2.16 per cent to Rs 11.31 crore as against Rs 11.56 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.49 per cent in June quarter.
Interest declined by 36.84 per cent y-o-y to Rs 0.12 crore, while Taxation decreased by 8.42 per cent at Rs 2.72 crore (Jun'24 Rs 2.97 crore).