The company reported standalone net profit during the quarter stood at Rs 5.19 crore compared to net loss of Rs 9.55 crore in the previous year quarter.
Net revenue of the company declined marginally by 3.03 per cent at Rs 136.71 crore in January-March quarter of this fiscal as against Rs 140.98 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 7.10 per cent to Rs 130.13 crore from Rs 140.07 crore in year ago period.
Other Income grew by 68.91 per cent at Rs 4.02 crore versus (Mar'24 Rs 2.38 crore).
Operating Profit surged by 623.08 per cent to Rs 6.58 crore as against Rs 0.91 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 640.00 per cent in March quarter.
Interest declined by 11.94 per cent y-o-y to Rs 2.95 crore