The company reported standalone net profit during the quarter stood at Rs 6.83 crore compared to net loss of Rs 2.77 crore in the previous year quarter.

Net revenue of the company rose triple digit by 151.07 per cent at Rs 31.66 crore in April-June quarter of this fiscal as against Rs 12.61 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 73.04 per cent to Rs 25.87 crore from Rs 14.95 crore in year ago period.

Other Income dipped by 35.71 per cent at Rs 0.09 crore versus (Jun'24 Rs 0.14 crore).

Operating Profit surged by 346.81 per cent to Rs 5.80 crore as against Rs -2.35 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 198.33 per cent in June quarter.

Interest declined by 67.86 per cent y-o-y to Rs 0.18 crore, while Taxation increased by 400.00 per cent at Rs 0.60 crore (Jun'24 Rs -0.20 crore).