The company reported standalone net profit during the quarter stood at Rs 0.11 crore compared to net loss of Rs 0.35 crore in the previous year quarter.

Net revenue of the company rose substantially by 92.71 per cent at Rs 21.41 crore in April-June quarter of this fiscal as against Rs 11.11 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 90.57 per cent to Rs 21.02 crore from Rs 11.03 crore in year ago period.

Other Income grew by 42.86 per cent at Rs 0.20 crore versus (Jun'24 Rs 0.14 crore).

Operating Profit surged by 333.33 per cent to Rs 0.39 crore as against Rs 0.09 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 132.91 per cent in June quarter.

Interest declined by 20.00 per cent y-o-y to Rs 0.36 crore, while Taxation increased by 100.00 per cent at Rs 0.04 crore (Jun'24 Rs 0.02 crore).