The company reported standalone net profit during the quarter stood at Rs 0.46 crore compared to net loss of Rs 0.95 crore in the previous year quarter.
Net revenue of the company rose substantially by 57.67 per cent at Rs 138.75 crore in January-March quarter of this fiscal as against Rs 88.00 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 58.43 per cent to Rs 136.85 crore from Rs 86.38 crore in year ago period.
Other Income dipped by 86.67 per cent at Rs 0.02 crore versus (Mar'24 Rs 0.15 crore).
Operating Profit surged by 17.28 per cent to Rs 1.90 crore as against Rs 1.62 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.54 per cent in March quarter.
Taxation decreased by 73.04 per cent at Rs 0.55 crore (Mar'24 Rs 2.04 crore).