The company reported standalone net profit during the quarter stood at Rs 1.19 crore compared to net loss of Rs 4.11 crore in the previous year quarter.
Net revenue of the company declined substantially by 32.57 per cent at Rs 19.96 crore in January-March quarter of this fiscal as against Rs 29.60 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 24.09 per cent to Rs 25.62 crore from Rs 33.75 crore in year ago period.
Other Income grew by 365.58 per cent at Rs 14.34 crore versus (Mar'25 Rs 3.08 crore).
Operating Profit surged by 36.39 per cent to Rs -5.66 crore as against Rs -4.15 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 102.35 per cent in March quarter.
Interest declined by 55.25 per cent y-o-y to Rs 0.81 crore, while Taxation increased by 1809.38 per cent at Rs 5.47 crore (Mar'25 Rs -0.32 crore).