The company reported standalone net profit during the quarter stood at Rs 1.19 crore compared to net loss of Rs 0.41 crore in the previous year quarter.

Net revenue of the company rose substantially by 47.63 per cent at Rs 9.02 crore in January-March quarter of this fiscal as against Rs 6.11 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 29.72 per cent to Rs 7.42 crore from Rs 5.72 crore in year ago period.

Other Income grew by 12.50 per cent at Rs 0.45 crore versus (Mar'24 Rs 0.40 crore).

Operating Profit surged by 310.26 per cent to Rs 1.60 crore as against Rs 0.39 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 179.06 per cent in March quarter.

Interest grew by 9.09 per cent y-o-y to Rs 0.12 crore, while Taxation decreased by 50.85 per cent at Rs 0.29 crore (Mar'24 Rs 0.59 crore).