The company reported standalone net profit during the quarter stood at Rs 2.58 crore compared to net loss of Rs 0.15 crore in the previous year quarter.

Net revenue of the company rose substantially by 32.70 per cent at Rs 34.98 crore in January-March quarter of this fiscal as against Rs 26.36 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 25.07 per cent to Rs 30.03 crore from Rs 24.01 crore in year ago period.

Other Income grew by 525.00 per cent at Rs 0.17 crore versus (Mar'24 Rs -0.04 crore).

Operating Profit surged by 110.64 per cent to Rs 4.95 crore as against Rs 2.35 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 58.63 per cent in March quarter.

Interest declined by 5.56 per cent y-o-y to Rs 0.85 crore, while Taxation increased by 17.44 per cent at Rs 1.01 crore (Mar'24 Rs 0.86 crore).