The company reported standalone net profit during the quarter stood at Rs 0.86 crore compared to net loss of Rs 2.25 crore in the previous year quarter.

Net revenue of the company rose substantially by 47.40 per cent at Rs 12.75 crore in January-March quarter of this fiscal as against Rs 8.65 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 11.00 per cent to Rs 9.89 crore from Rs 8.91 crore in year ago period.

Other Income grew by 31.29 per cent at Rs 1.93 crore versus (Mar'24 Rs 1.47 crore).

Operating Profit surged by 1159.26 per cent to Rs 2.86 crore as against Rs -0.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 827.27 per cent in March quarter.

Interest declined by 0.72 per cent y-o-y to Rs 2.77 crore, while Taxation increased by 3400.00 per cent at Rs 0.33 crore (Mar'24 Rs -0.01 crore).