The company reported standalone net profit during the quarter stood at Rs 1.67 crore compared to net loss of Rs 0.25 crore in the previous year quarter.

Net revenue of the company rose three fold by 4427.20 per cent at Rs 56.59 crore in April-June quarter of this fiscal as against Rs 1.25 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 10077.36 per cent to Rs 53.94 crore from Rs 0.53 crore in year ago period.

Other Income grew by 103.45 per cent at Rs 0.59 crore versus (Jun'24 Rs 0.29 crore).

Operating Profit surged by 273.24 per cent to Rs 2.65 crore as against Rs 0.71 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 91.84 per cent in June quarter.

Interest declined by 28.57 per cent y-o-y to Rs 0.95 crore, while Taxation increased by 787.50 per cent at Rs 0.55 crore (Jun'24 Rs -0.08 crore).