The company reported standalone net profit during the quarter stood at Rs 0.80 crore compared to net loss of Rs 5.81 crore in the previous year quarter.

Net revenue of the company rose three fold by 328.95 per cent at Rs 52.89 crore in January-March quarter of this fiscal as against Rs 12.33 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 202.03 per cent to Rs 52.16 crore from Rs 17.27 crore in year ago period.

Other Income grew by 557.14 per cent at Rs 0.46 crore versus (Mar'23 Rs 0.07 crore).

Operating Profit surged by 114.78 per cent to Rs 0.73 crore as against Rs -4.94 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 103.45 per cent in March quarter.

Interest grew by 100.00 per cent y-o-y to Rs 0.20 crore, while Taxation increased by 350.00 per cent at Rs 0.09 crore (Mar'23 Rs 0.02 crore).