The company reported standalone net profit of Rs 4.60 crore for the quarter ended June 30, 2021 as compared to Rs 0.14 crore in the same period last year, registering a year-on-year growth of 3185.71 per cent.
Net revenue of the company rose two fold by 231.78 per cent at Rs 37.69 crore in April-June quarter of this fiscal as against Rs 11.36 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 190.60 per cent to Rs 33.39 crore from Rs 11.49 crore in year ago period.
Other Income grew by 40.91 per cent at Rs 0.62 crore versus (Jun'20 Rs 0.44 crore).
Operating Profit surged by 3407.69 per cent to Rs 4.30 crore as against Rs -0.13 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1091.30 per cent in June quarter.
Interest grew by 108.33 per cent y-o-y to Rs 0.25 crore