The company reported standalone net profit during the quarter stood at Rs 0.23 crore compared to net loss of Rs 0.01 crore in the previous year quarter.

Net revenue of the company rose by 5.14 per cent at Rs 12.27 crore in January-March quarter of this fiscal as against Rs 11.67 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 3.70 per cent to Rs 11.50 crore from Rs 11.09 crore in year ago period.

Other Income grew by 80.00 per cent at Rs 0.18 crore versus (Mar'24 Rs 0.10 crore).

Operating Profit surged by 31.03 per cent to Rs 0.76 crore as against Rs 0.58 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 25.51 per cent in March quarter.

Interest grew by 14.81 per cent y-o-y to Rs 0.31 crore, while Taxation decreased by 157.14 per cent at Rs -0.04 crore (Mar'24 Rs 0.07 crore).