The company reported standalone net profit of Rs 1.23 crore for the quarter ended June 30, 2024 as compared to Rs 0.18 crore in the same period last year, registering a year-on-year growth of 583.33 per cent.

Net revenue of the company rose substantially by 75.56 per cent at Rs 10.20 crore in April-June quarter of this fiscal as against Rs 5.81 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 71.37 per cent to Rs 8.38 crore from Rs 4.89 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.03 crore versus (Jun'23 Rs 0.03 crore).

Operating Profit surged by 96.74 per cent to Rs 1.81 crore as against Rs 0.92 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 11.89 per cent in June quarter.

Interest declined by 27.42 per cent y-o-y to Rs 0.45 crore