The company reported standalone net profit during the quarter stood at Rs 6.04 crore compared to net loss of Rs 21.92 crore in the previous year quarter.
Net revenue of the company declined marginally by 2.58 per cent at Rs 64.56 crore in January-March quarter of this fiscal as against Rs 66.27 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 55.72 per cent to Rs 36.97 crore from Rs 83.49 crore in year ago period.
Other Income grew by 1887.93 per cent at Rs 11.53 crore versus (Mar'25 Rs 0.58 crore).
Operating Profit surged by 260.22 per cent to Rs 27.59 crore as against Rs -17.22 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 264.51 per cent in March quarter.
Interest grew by 72.09 per cent y-o-y to Rs 0.74 crore, while Taxation decreased by 47.95 per cent at Rs 0.89 crore (Mar'25 Rs 1.71 crore).