The company reported standalone net profit during the quarter stood at Rs 3.31 crore compared to net loss of Rs 1.61 crore in the previous year quarter.

Net revenue of the company rose substantially by 43.77 per cent at Rs 48.15 crore in January-March quarter of this fiscal as against Rs 33.49 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 29.90 per cent to Rs 43.70 crore from Rs 33.64 crore in year ago period.

Other Income dipped by 84.62 per cent at Rs 0.02 crore versus (Mar'24 Rs 0.13 crore).

Operating Profit surged by 3066.67 per cent to Rs 4.45 crore as against Rs -0.15 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2153.33 per cent in March quarter.

Interest declined by 19.75 per cent y-o-y to Rs 0.65 crore