India, April 30 -- The company reported standalone net profit during the quarter stood at Rs 0.74 crore compared to net loss of Rs 2.44 crore in the previous year quarter.
Net revenue of the company declined substantially by 20.60 per cent at Rs 11.10 crore in January-March quarter of this fiscal as against Rs 13.98 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 43.54 per cent to Rs 9.27 crore from Rs 16.42 crore in year ago period.
Operating Profit surged by 175.00 per cent to Rs 1.83 crore as against Rs -2.44 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 194.56 per cent in March quarter.
Interest declined by 32.73 per cent y-o-y to...