The company reported standalone net profit during the quarter stood at Rs 0.25 crore compared to net loss of Rs 0.49 crore in the previous year quarter.

Net revenue of the company rose moderately by 11.25 per cent at Rs 11.27 crore in January-March quarter of this fiscal as against Rs 10.13 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 11.27 per cent to Rs 10.86 crore from Rs 9.76 crore in year ago period.

Other Income grew by 193.33 per cent at Rs 1.32 crore versus (Mar'24 Rs 0.45 crore).

Operating Profit surged by 10.81 per cent to Rs 0.41 crore as against Rs 0.37 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.55 per cent in March quarter.

Interest declined by 14.29 per cent y-o-y to Rs 0.12 crore, while Taxation increased by 28.21 per cent at Rs 0.50 crore (Mar'24 Rs 0.39 crore).