The company reported standalone net profit during the quarter stood at Rs 30.11 crore compared to net loss of Rs 56.78 crore in the previous year quarter.

Net revenue of the company rose triple digit by 161.32 per cent at Rs 43.12 crore in January-March quarter of this fiscal as against Rs -70.32 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 79.27 per cent to Rs 11.12 crore from Rs 53.63 crore in year ago period.

Other Income dipped by 98.33 per cent at Rs 0.19 crore versus (Mar'24 Rs 11.41 crore).

Operating Profit surged by 125.82 per cent to Rs 32.00 crore as against Rs -123.95 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 57.91 per cent in March quarter.

Interest grew by 101.18 per cent y-o-y to Rs 0.02 crore, while Taxation increased by 104.80 per cent at Rs 1.93 crore (Mar'24 Rs -40.17 crore).