The company reported standalone net profit during the quarter stood at Rs 0.27 crore compared to net loss of Rs 0.27 crore in the previous year quarter.

Net revenue of the company rose three fold by 6221.05 per cent at Rs 12.01 crore in January-March quarter of this fiscal as against Rs 0.19 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 2489.13 per cent to Rs 11.91 crore from Rs 0.46 crore in year ago period.

Other Income grew by 275.00 per cent at Rs 0.15 crore versus (Mar'21 Rs 0.04 crore).

Operating Profit surged by 137.04 per cent to Rs 0.10 crore as against Rs -0.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 100.56 per cent in March quarter.

Taxation increased by 0.00 per cent at Rs -0.05 crore (Mar'21 Rs 0.00 crore).