The company reported standalone net profit of Rs 3.08 crore for the quarter ended March 31, 2024 as compared to Rs 0.03 crore in the same period last year, registering a year-on-year growth of 10166.67 per cent.

Net revenue of the company rose substantially by 67.94 per cent at Rs 50.70 crore in January-March quarter of this fiscal as against Rs 30.19 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 58.87 per cent to Rs 47.39 crore from Rs 29.83 crore in year ago period.

Other Income grew by 1657.14 per cent at Rs 1.23 crore versus (Mar'23 Rs 0.07 crore).

Operating Profit surged by 848.57 per cent to Rs 3.32 crore as against Rs 0.35 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 458.97 per cent in March quarter.

Interest grew by 140.00 per cent y-o-y to Rs 0.12 crore, while Taxation increased by 2060.00 per cent at Rs 1.08 crore (Mar'23 Rs 0.05 crore).