The company reported standalone net profit during the quarter stood at Rs 0.80 crore compared to net loss of Rs 0.50 crore in the previous year quarter.

Net revenue of the company rose substantially by 76.41 per cent at Rs 14.06 crore in April-June quarter of this fiscal as against Rs 7.97 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 53.66 per cent to Rs 11.97 crore from Rs 7.79 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.11 crore versus (Jun'24 Rs 0.11 crore).

Operating Profit surged by 1055.56 per cent to Rs 2.08 crore as against Rs 0.18 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 574.09 per cent in June quarter.

Interest grew by 22.22 per cent y-o-y to Rs 0.88 crore, while Taxation increased by 258.82 per cent at Rs 0.27 crore (Jun'24 Rs -0.17 crore).