The company reported standalone net profit during the quarter stood at Rs 6.96 crore compared to net loss of Rs 28.90 crore in the previous year quarter.

Net revenue of the company rose moderately by 6.37 per cent at Rs 1.67 crore in January-March quarter of this fiscal as against Rs 1.57 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 18.22 per cent to Rs 1.84 crore from Rs 2.25 crore in year ago period.

Other Income dipped by 33.33 per cent at Rs 0.02 crore versus (Mar'24 Rs 0.03 crore).

Operating Profit slipped by 74.63 per cent to Rs -0.17 crore as against Rs -0.67 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 76.49 per cent in March quarter.

Interest declined by 54.14 per cent y-o-y to Rs 1.22 crore