The company reported standalone net profit during the quarter stood at Rs 1.65 crore compared to net loss of Rs 1.81 crore in the previous year quarter.

Net revenue of the company rose moderately by 8.31 per cent at Rs 179.80 crore in April-June quarter of this fiscal as against Rs 166.01 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 7.25 per cent to Rs 169.96 crore from Rs 158.47 crore in year ago period.

Other Income grew by 513.79 per cent at Rs 1.78 crore versus (Jun'24 Rs 0.29 crore).

Operating Profit surged by 30.50 per cent to Rs 9.84 crore as against Rs 7.54 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 20.48 per cent in June quarter.

Interest declined by 16.63 per cent y-o-y to Rs 3.66 crore, while Taxation increased by 191.80 per cent at Rs 0.56 crore (Jun'24 Rs -0.61 crore).