The company reported standalone net profit during the quarter stood at Rs 1.53 crore compared to net loss of Rs 2.53 crore in the previous year quarter.

Net revenue of the company rose two fold by 228.02 per cent at Rs 20.37 crore in April-June quarter of this fiscal as against Rs 6.21 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 119.68 per cent to Rs 15.18 crore from Rs 6.91 crore in year ago period.

Other Income grew by 5400.00 per cent at Rs 0.55 crore versus (Jun'24 Rs 0.01 crore).

Operating Profit surged by 830.99 per cent to Rs 5.19 crore as against Rs -0.71 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 323.14 per cent in June quarter.

Interest grew by 83.75 per cent y-o-y to Rs 2.94 crore, while Taxation increased by 0.00 per cent at Rs 0.51 crore (Jun'24 Rs 0.00 crore).