The company reported standalone net profit during the quarter stood at Rs 1.40 crore compared to net loss of Rs 9.00 crore in the previous year quarter.
Net revenue of the company declined marginally by 4.73 per cent at Rs 85.52 crore in April-June quarter of this fiscal as against Rs 89.77 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 10.61 per cent to Rs 82.54 crore from Rs 92.34 crore in year ago period.
Other Income grew by 151.23 per cent at Rs 4.07 crore versus (Jun'24 Rs 1.62 crore).
Operating Profit surged by 215.95 per cent to Rs 2.98 crore as against Rs -2.57 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 221.68 per cent in June quarter.
Interest declined by 15.46 per cent y-o-y to Rs 1.64 crore