The company reported standalone net profit during the quarter stood at Rs 4.04 crore compared to net loss of Rs 0.92 crore in the previous year quarter.

Net revenue of the company rose moderately by 12.93 per cent at Rs 114.76 crore in January-March quarter of this fiscal as against Rs 101.62 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 13.94 per cent to Rs 116.34 crore from Rs 102.11 crore in year ago period.

Other Income grew by 21.70 per cent at Rs 2.58 crore versus (Mar'24 Rs 2.12 crore).

Operating Profit surged by 1202.04 per cent to Rs 5.40 crore as against Rs -0.49 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1081.25 per cent in March quarter.

Interest grew by 41.67 per cent y-o-y to Rs 0.68 crore, while Taxation increased by 104.69 per cent at Rs 2.62 crore (Mar'24 Rs 1.28 crore).