The company reported standalone net profit during the quarter stood at Rs 7.01 crore compared to net loss of Rs 7.95 crore in the previous year quarter.
Net revenue of the company rose substantially by 35.30 per cent at Rs 103.56 crore in January-March quarter of this fiscal as against Rs 76.54 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 39.18 per cent to Rs 99.25 crore from Rs 71.31 crore in year ago period.
Other Income grew by 43.41 per cent at Rs 2.94 crore versus (Mar'24 Rs 2.05 crore).
Operating Profit slipped by 17.59 per cent to Rs 4.31 crore as against Rs 5.23 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 39.18 per cent in March quarter.
Interest declined by 82.59 per cent y-o-y to Rs 2.41 crore, while Taxation increased by 0.00 per cent at Rs -3.39 crore (Mar'24 Rs 0.00 crore).