The company reported standalone net profit during the quarter stood at Rs 0.68 crore compared to net loss of Rs 2.56 crore in the previous year quarter.

Net revenue of the company rose three fold by 445.52 per cent at Rs 15.22 crore in January-March quarter of this fiscal as against Rs 2.79 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 98.21 per cent to Rs 9.99 crore from Rs 5.04 crore in year ago period.

Other Income grew by 109.88 per cent at Rs 1.70 crore versus (Mar'24 Rs 0.81 crore).

Operating Profit surged by 332.44 per cent to Rs 5.23 crore as against Rs -2.25 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 142.56 per cent in March quarter.

Interest grew by 5.19 per cent y-o-y to Rs 1.42 crore, while Taxation increased by 763.08 per cent at Rs 4.31 crore (Mar'24 Rs -0.65 crore).