The company reported standalone net profit during the quarter stood at Rs 1.83 crore compared to net loss of Rs 0.96 crore in the previous year quarter.
Net revenue of the company declined substantially by 40.13 per cent at Rs 5.37 crore in April-June quarter of this fiscal as against Rs 8.97 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 42.13 per cent to Rs 5.55 crore from Rs 9.59 crore in year ago period.
Other Income grew by 30200.00 per cent at Rs 3.03 crore versus (Jun'24 Rs 0.01 crore).
Operating Profit slipped by 70.97 per cent to Rs -0.18 crore as against Rs -0.62 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 52.37 per cent in June quarter.
Interest declined by 30.23 per cent y-o-y to Rs 0.30 crore, while Taxation increased by 369.57 per cent at Rs 0.62 crore (Jun'24 Rs -0.23 crore).