The company reported standalone net profit during the quarter stood at Rs 0.80 crore compared to net loss of Rs 1.31 crore in the previous year quarter.

Net revenue of the company rose substantially by 54.19 per cent at Rs 24.67 crore in January-March quarter of this fiscal as against Rs 16.00 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 44.67 per cent to Rs 22.67 crore from Rs 15.67 crore in year ago period.

Other Income dipped by 61.11 per cent at Rs 0.07 crore versus (Mar'24 Rs 0.18 crore).

Operating Profit surged by 506.06 per cent to Rs 2.00 crore as against Rs 0.33 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 293.69 per cent in March quarter.

Interest declined by 61.36 per cent y-o-y to Rs 0.34 crore