The company reported standalone net profit during the quarter stood at Rs 2.48 crore compared to net loss of Rs 0.45 crore in the previous year quarter.
Net revenue of the company rose substantially by 42.79 per cent at Rs 127.81 crore in January-March quarter of this fiscal as against Rs 89.51 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 37.41 per cent to Rs 124.03 crore from Rs 90.26 crore in year ago period.
Other Income dipped by 35.48 per cent at Rs 0.20 crore versus (Mar'24 Rs 0.31 crore).
Operating Profit surged by 597.37 per cent to Rs 3.78 crore as against Rs -0.76 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 448.24 per cent in March quarter.
Interest grew by 16.00 per cent y-o-y to Rs 0.58 crore, while Taxation increased by 185.54 per cent at Rs 0.71 crore (Mar'24 Rs -0.83 crore).