The company reported standalone net profit during the quarter stood at Rs 0.05 crore compared to net loss of Rs 1.69 crore in the previous year quarter.

Net revenue of the company rose substantially by 20.34 per cent at Rs 26.92 crore in April-June quarter of this fiscal as against Rs 22.37 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 11.98 per cent to Rs 24.59 crore from Rs 21.96 crore in year ago period.

Other Income grew by 157.69 per cent at Rs 0.67 crore versus (Jun'24 Rs 0.26 crore).

Operating Profit surged by 468.29 per cent to Rs 2.33 crore as against Rs 0.41 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 373.22 per cent in June quarter.

Interest grew by 6.94 per cent y-o-y to Rs 1.85 crore, while Taxation increased by 105.36 per cent at Rs 0.03 crore (Jun'24 Rs -0.56 crore).