The company reported standalone net profit of Rs 0.55 crore for the quarter ended March 31, 2022 as compared to Rs 0.63 crore in the same period last year, registering a year-on-year decline of 12.70 per cent.
Net revenue of the company rose two fold by 239.31 per cent at Rs 4.92 crore in January-March quarter of this fiscal as against Rs 1.45 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 206.34 per cent to Rs 4.35 crore from Rs 1.42 crore in year ago period.
Other Income dipped by 62.50 per cent at Rs 0.21 crore versus (Mar'21 Rs 0.56 crore).
Operating Profit surged by 1800.00 per cent to Rs 0.57 crore as against Rs 0.03 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 465.20 per cent in March quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore, while Taxation increased by 520.00 per cent at Rs 0.21 crore (Mar'21 Rs -0.05 crore).