The company reported standalone net profit of Rs 7.56 crore for the quarter ended March 31, 2024 as compared to Rs 2.64 crore in the same period last year, registering a year-on-year growth of 186.36 per cent.

Net revenue of the company rose substantially by 48.82 per cent at Rs 18.23 crore in January-March quarter of this fiscal as against Rs 12.25 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 38.88 per cent to Rs 11.86 crore from Rs 8.54 crore in year ago period.

Other Income grew by 707.41 per cent at Rs 2.18 crore versus (Mar'23 Rs 0.27 crore).

Operating Profit surged by 71.70 per cent to Rs 6.37 crore as against Rs 3.71 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 15.39 per cent in March quarter.

Interest declined by 81.82 per cent y-o-y to Rs 0.04 crore