The company reported standalone net profit during the quarter stood at Rs 43.84 crore compared to net loss of Rs 8.15 crore in the previous year quarter.

Net revenue of the company rose substantially by 57.95 per cent at Rs 8.15 crore in January-March quarter of this fiscal as against Rs 5.16 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 14.21 per cent to Rs 23.00 crore from Rs 26.81 crore in year ago period.

Other Income dipped by 80.87 per cent at Rs 2.41 crore versus (Mar'24 Rs 12.60 crore).

Operating Profit slipped by 31.41 per cent to Rs -14.85 crore as against Rs -21.65 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 56.60 per cent in March quarter.

Taxation decreased by 51.92 per cent at Rs -0.75 crore (Mar'24 Rs -1.56 crore).