The company reported standalone net profit during the quarter stood at Rs 12.24 crore compared to net loss of Rs 15.86 crore in the previous year quarter.

Net revenue of the company rose substantially by 26.08 per cent at Rs 72.57 crore in January-March quarter of this fiscal as against Rs 57.56 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 75.78 per cent to Rs 54.37 crore from Rs 30.93 crore in year ago period.

Other Income grew by 19.53 per cent at Rs 5.57 crore versus (Mar'25 Rs 4.66 crore).

Operating Profit slipped by 31.66 per cent to Rs 18.20 crore as against Rs 26.63 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 45.80 per cent in March quarter.

Interest grew by 2.40 per cent y-o-y to Rs 2.13 crore, while Taxation increased by 199.76 per cent at Rs 4.16 crore (Mar'25 Rs -4.17 crore).