The company reported standalone net profit during the quarter stood at Rs 424.71 crore compared to net loss of Rs 0.35 crore in the previous year quarter.
Net revenue of the company rose three fold by 1925.00 per cent at Rs 5.67 crore in April-June quarter of this fiscal as against Rs 0.28 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 200.00 per cent to Rs 1.11 crore from Rs 0.37 crore in year ago period.
Other Income dipped by 90.00 per cent at Rs 0.01 crore versus (Jun'24 Rs 0.10 crore).
Operating Profit surged by 5166.67 per cent to Rs 4.56 crore as against Rs -0.09 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 339.76 per cent in June quarter.
Taxation increased by 23019.23 per cent at Rs 60.11 crore (Jun'24 Rs 0.26 crore).