The company reported standalone net profit during the quarter stood at Rs 0.09 crore compared to net loss of Rs 0.22 crore in the previous year quarter.
Net revenue of the company declined moderately by 17.13 per cent at Rs 15.19 crore in January-March quarter of this fiscal as against Rs 18.33 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 19.40 per cent to Rs 14.58 crore from Rs 18.09 crore in year ago period.
Other Income grew by 1200.00 per cent at Rs 0.13 crore versus (Mar'24 Rs 0.01 crore).
Operating Profit surged by 154.17 per cent to Rs 0.61 crore as against Rs 0.24 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 208.40 per cent in March quarter.
Taxation increased by 271.43 per cent at Rs 0.12 crore (Mar'24 Rs -0.07 crore).