The company reported standalone net profit during the quarter stood at Rs 5.24 crore compared to net loss of Rs 33.39 crore in the previous year quarter.

Net revenue of the company rose two fold by 203.53 per cent at Rs 2.58 crore in January-March quarter of this fiscal as against Rs 0.85 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 112.50 per cent to Rs 0.17 crore from Rs 0.08 crore in year ago period.

Other Income dipped by 47.37 per cent at Rs 0.20 crore versus (Mar'24 Rs 0.38 crore).

Operating Profit surged by 211.69 per cent to Rs 2.40 crore as against Rs 0.77 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.74 per cent in March quarter.

Interest grew by 2357.14 per cent y-o-y to Rs 1.72 crore