The company reported standalone net profit during the quarter stood at Rs 2.03 crore compared to net loss of Rs 1.76 crore in the previous year quarter.
Net revenue of the company rose triple digit by 127.53 per cent at Rs 4.05 crore in January-March quarter of this fiscal as against Rs 1.78 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 1.58 per cent to Rs 3.11 crore from Rs 3.16 crore in year ago period.
Other Income grew by 251.72 per cent at Rs 2.04 crore versus (Mar'24 Rs 0.58 crore).
Operating Profit surged by 168.12 per cent to Rs 0.94 crore as against Rs -1.38 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 129.91 per cent in March quarter.
Interest declined by 39.29 per cent y-o-y to Rs 0.34 crore, while Taxation increased by 194.74 per cent at Rs 0.18 crore (Mar'24 Rs -0.19 crore).