The company reported standalone net profit of Rs 1.14 crore for the quarter ended March 31, 2019 as compared to Rs 0.95 crore in the same period last year, registering a year-on-year growth of 20.00 per cent.
Net revenue of the company rose moderately by 13.68 per cent at Rs 1.08 crore in January-March quarter of this fiscal as against Rs 0.95 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 11.11 per cent to Rs 0.10 crore from Rs 0.09 crore in year ago period.
Other Income grew by 27.66 per cent at Rs 0.60 crore versus (Mar'18 Rs 0.47 crore).
Operating Profit surged by 13.95 per cent to Rs 0.98 crore as against Rs 0.86 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.19 per cent in March quarter.
Taxation increased by 13.16 per cent at Rs 0.43 crore (Mar'18 Rs 0.38 crore).