The company reported standalone net profit of Rs 5.47 crore for the quarter ended March 31, 2024 as compared to Rs 5.37 crore in the same period last year, registering a year-on-year growth of 1.86 per cent.

Net revenue of the company rose two fold by 206.54 per cent at Rs 76.42 crore in January-March quarter of this fiscal as against Rs 24.93 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 175.34 per cent to Rs 68.78 crore from Rs 24.98 crore in year ago period.

Other Income dipped by 87.31 per cent at Rs 0.68 crore versus (Mar'23 Rs 5.36 crore).

Operating Profit surged by 15400.00 per cent to Rs 7.65 crore as against Rs -0.05 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4645.45 per cent in March quarter.

Interest grew by 5200.00 per cent y-o-y to Rs 0.53 crore, while Taxation increased by 2481.82 per cent at Rs 2.62 crore (Mar'23 Rs -0.11 crore).