The company reported standalone net profit during the quarter stood at Rs 1.97 crore compared to net loss of Rs 1.69 crore in the previous year quarter.
Net revenue of the company declined substantially by 89.98 per cent at Rs 4.97 crore in January-March quarter of this fiscal as against Rs 49.59 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 68.34 per cent to Rs 17.32 crore from Rs 54.70 crore in year ago period.
Other Income grew by 206.79 per cent at Rs 17.61 crore versus (Mar'25 Rs 5.74 crore).
Operating Profit surged by 142.16 per cent to Rs -12.35 crore as against Rs -5.10 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2314.09 per cent in March quarter.
Interest grew by 397.44 per cent y-o-y to Rs 1.16 crore, while Taxation decreased by 75.00 per cent at Rs -0.48 crore (Mar'25 Rs -1.92 crore).