The company reported standalone net profit of Rs 1.39 crore for the quarter ended June 30, 2021 as compared to Rs 1.29 crore in the same period last year, registering a year-on-year growth of 7.75 per cent.

Net revenue of the company rose moderately by 14.43 per cent at Rs 6.66 crore in April-June quarter of this fiscal as against Rs 5.82 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 7.90 per cent to Rs 5.36 crore from Rs 5.82 crore in year ago period.

Other Income dipped by 45.29 per cent at Rs 0.93 crore versus (Jun'20 Rs 1.70 crore).

Operating Profit surged by 0.00 per cent to Rs 1.30 crore as against Rs 0.00 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.00 per cent in June quarter.

Interest grew by 41.67 per cent y-o-y to Rs 0.17 crore, while Taxation increased by 4000.00 per cent at Rs 0.39 crore (Jun'20 Rs -0.01 crore).