The company reported standalone net profit of Rs 0.85 crore for the quarter ended March 31, 2022 as compared to Rs 0.58 crore in the same period last year, registering a year-on-year growth of 46.55 per cent.
Net revenue of the company rose marginally by 1.53 per cent at Rs 1.33 crore in January-March quarter of this fiscal as against Rs 1.31 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 36.67 per cent to Rs 0.38 crore from Rs 0.60 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.07 crore versus (Mar'21 Rs 0.00 crore).
Operating Profit surged by 37.50 per cent to Rs 1.10 crore as against Rs 0.80 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 35.63 per cent in March quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore, while Taxation increased by 52.63 per cent at Rs 0.29 crore (Mar'21 Rs 0.19 crore).