The company reported standalone net loss during the quarter stood at Rs 0.06 crore as compared to net loss of Rs 1.83 crore in the previous year quarter.

Net revenue of the company rose substantially by 50.04 per cent at Rs 17.84 crore in January-March quarter of this fiscal as against Rs 11.89 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 17.26 per cent to Rs 17.46 crore from Rs 14.89 crore in year ago period.

Other Income dipped by 96.77 per cent at Rs 0.02 crore versus (Mar'24 Rs 0.62 crore).

Operating Profit surged by 112.67 per cent to Rs 0.38 crore as against Rs -3.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 108.43 per cent in March quarter.

Interest declined by 50.00 per cent y-o-y to Rs 0.11 crore, while Taxation increased by 143.59 per cent at Rs 0.34 crore (Mar'24 Rs -0.78 crore).