The company reported standalone net profit of Rs 0.19 crore for the quarter ended September 30, 2024 as compared to Rs 21.29 crore in the same period last year, registering a year-on-year decline of 99.11 per cent.
Net revenue of the company declined by 0.36 per cent at Rs 11.17 crore in July-September quarter of this fiscal as against Rs 11.21 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 4.67 per cent to Rs 10.20 crore from Rs 10.70 crore in year ago period.
Other Income dipped by 99.05 per cent at Rs 0.23 crore versus (Sep'23 Rs 24.10 crore).
Operating Profit surged by 86.54 per cent to Rs 0.97 crore as against Rs 0.52 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 89.15 per cent in September quarter.
Interest grew by 60.00 per cent y-o-y to Rs 0.08 crore, while Taxation decreased by 97.90 per cent at Rs 0.05 crore (Sep'23 Rs 2.38 crore).