The company reported standalone net profit during the quarter stood at Rs 0.70 crore compared to net loss of Rs 1.81 crore in the previous year quarter.

Net revenue of the company rose triple digit by 146.74 per cent at Rs 45.08 crore in April-June quarter of this fiscal as against Rs 18.27 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 129.72 per cent to Rs 41.28 crore from Rs 17.97 crore in year ago period.

Other Income grew by 90.91 per cent at Rs 0.21 crore versus (Jun'24 Rs 0.11 crore).

Operating Profit surged by 1163.33 per cent to Rs 3.79 crore as against Rs 0.30 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 412.80 per cent in June quarter.

Interest grew by 35.20 per cent y-o-y to Rs 1.69 crore, while Taxation increased by 0.00 per cent at Rs 0.24 crore (Jun'24 Rs 0.00 crore).