The company reported standalone net profit during the quarter stood at Rs 0.16 crore compared to net loss of Rs 0.02 crore in the previous year quarter.

Net revenue of the company rose three fold by 6488.00 per cent at Rs 16.47 crore in January-March quarter of this fiscal as against Rs 0.25 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 6169.23 per cent to Rs 16.30 crore from Rs 0.26 crore in year ago period.

Operating Profit surged by 1800.00 per cent to Rs 0.17 crore as against Rs -0.01 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 117.38 per cent in March quarter.