The company reported standalone net profit during the quarter stood at Rs 6.02 crore compared to net loss of Rs 1.34 crore in the previous year quarter.

Net revenue of the company rose substantially by 92.05 per cent at Rs 15.71 crore in January-March quarter of this fiscal as against Rs 8.18 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 10.05 per cent to Rs 9.49 crore from Rs 10.55 crore in year ago period.

Other Income grew by 27.50 per cent at Rs 1.02 crore versus (Mar'24 Rs 0.80 crore).

Operating Profit surged by 362.45 per cent to Rs 6.22 crore as against Rs -2.37 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 236.92 per cent in March quarter.

Interest grew by 1125.00 per cent y-o-y to Rs 0.49 crore, while Taxation increased by 233.33 per cent at Rs 0.52 crore (Mar'24 Rs -0.39 crore).