The company reported standalone net profit during the quarter stood at Rs 4.11 crore compared to net loss of Rs 3.08 crore in the previous year quarter.
Net revenue of the company rose moderately by 11.49 per cent at Rs 20.66 crore in January-March quarter of this fiscal as against Rs 18.53 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 0.17 per cent to Rs 17.16 crore from Rs 17.19 crore in year ago period.
Other Income dipped by 12.59 per cent at Rs 3.47 crore versus (Mar'24 Rs 3.97 crore).
Operating Profit surged by 161.19 per cent to Rs 3.50 crore as against Rs 1.34 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 134.63 per cent in March quarter.
Interest grew by 425.00 per cent y-o-y to Rs 0.21 crore, while Taxation increased by 59.21 per cent at Rs 1.21 crore (Mar'24 Rs 0.76 crore).