The company reported standalone net profit during the quarter stood at Rs 0.55 crore compared to net loss of Rs 0.02 crore in the previous year quarter.

Net revenue of the company rose substantially by 64.76 per cent at Rs 16.41 crore in January-March quarter of this fiscal as against Rs 9.96 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 57.74 per cent to Rs 15.60 crore from Rs 9.89 crore in year ago period.

Other Income grew by 42.86 per cent at Rs 0.20 crore versus (Mar'24 Rs 0.14 crore).

Operating Profit surged by 1057.14 per cent to Rs 0.81 crore as against Rs 0.07 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 645.45 per cent in March quarter.

Interest declined by 22.22 per cent y-o-y to Rs 0.14 crore, while Taxation increased by 2200.00 per cent at Rs 0.21 crore (Mar'24 Rs -0.01 crore).