The company reported standalone net profit of Rs 0.07 crore for the quarter ended March 31, 2024 as compared to Rs 0.02 crore in the same period last year, registering a year-on-year growth of 250.00 per cent.

Net revenue of the company rose marginally by 4.74 per cent at Rs 3.98 crore in January-March quarter of this fiscal as against Rs 3.80 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 6.23 per cent to Rs 3.92 crore from Rs 3.69 crore in year ago period.

Other Income grew by 400.00 per cent at Rs 0.15 crore versus (Mar'23 Rs 0.03 crore).

Operating Profit slipped by 45.45 per cent to Rs 0.06 crore as against Rs 0.11 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 47.84 per cent in March quarter.

Interest declined by 25.00 per cent y-o-y to Rs 0.03 crore, while Taxation increased by 300.00 per cent at Rs 0.04 crore (Mar'23 Rs 0.01 crore).