The company reported standalone net profit during the quarter stood at Rs 4.29 crore compared to net loss of Rs 0.19 crore in the previous year quarter.

Net revenue of the company rose substantially by 66.39 per cent at Rs 39.80 crore in April-June quarter of this fiscal as against Rs 23.92 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 23.96 per cent to Rs 31.87 crore from Rs 25.71 crore in year ago period.

Other Income dipped by 97.28 per cent at Rs 0.09 crore versus (Jun'24 Rs 3.31 crore).

Operating Profit surged by 543.02 per cent to Rs 7.93 crore as against Rs -1.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 365.60 per cent in June quarter.

Interest grew by 17.53 per cent y-o-y to Rs 1.14 crore, while Taxation increased by 775.00 per cent at Rs 2.10 crore (Jun'24 Rs 0.24 crore).