The company reported standalone net profit of Rs 0.97 crore for the quarter ended September 30, 2024 as compared to Rs 1.63 crore in the same period last year, registering a year-on-year decline of 40.49 per cent.
Net revenue of the company rose three fold by 2225.08 per cent at Rs 68.59 crore in July-September quarter of this fiscal as against Rs 2.95 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 2080.06 per cent to Rs 68.89 crore from Rs 3.16 crore in year ago period.
Other Income dipped by 12.26 per cent at Rs 1.86 crore versus (Sep'23 Rs 2.12 crore).
Operating Profit surged by 42.86 per cent to Rs -0.30 crore as against Rs -0.21 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 94.03 per cent in September quarter.
Taxation increased by 0.00 per cent at Rs 0.33 crore (Sep'23 Rs 0.00 crore).