The company reported standalone net profit during the quarter stood at Rs 3.22 crore compared to net loss of Rs 0.38 crore in the previous year quarter.
Net revenue of the company rose two fold by 267.14 per cent at Rs 41.67 crore in April-June quarter of this fiscal as against Rs 11.35 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 342.62 per cent to Rs 38.11 crore from Rs 8.61 crore in year ago period.
Other Income grew by 320.00 per cent at Rs 1.05 crore versus (Jun'24 Rs 0.25 crore).
Operating Profit surged by 29.93 per cent to Rs 3.56 crore as against Rs 2.74 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 64.67 per cent in June quarter.
Interest declined by 58.93 per cent y-o-y to Rs 1.38 crore