The company reported standalone net profit during the quarter stood at Rs 0.10 crore compared to net loss of Rs 0.09 crore in the previous year quarter.

Net revenue of the company rose substantially by 26.14 per cent at Rs 6.08 crore in January-March quarter of this fiscal as against Rs 4.82 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 16.10 per cent to Rs 5.84 crore from Rs 5.03 crore in year ago period.

Other Income grew by 416.67 per cent at Rs 0.31 crore versus (Mar'22 Rs 0.06 crore).

Operating Profit surged by 295.45 per cent to Rs 0.43 crore as against Rs -0.22 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 256.22 per cent in March quarter.

Interest grew by 56.67 per cent y-o-y to Rs 0.47 crore, while Taxation increased by 50.00 per cent at Rs 0.03 crore (Mar'22 Rs 0.02 crore).