The company reported standalone net profit during the quarter stood at Rs 4.17 crore compared to net loss of Rs 0.10 crore in the previous year quarter.
Net revenue of the company rose three fold by 17435.29 per cent at Rs 59.62 crore in July-September quarter of this fiscal as against Rs 0.34 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 11257.45 per cent to Rs 53.38 crore from Rs 0.47 crore in year ago period.
Other Income grew by 1833.33 per cent at Rs 0.58 crore versus (Sep'23 Rs 0.03 crore).
Operating Profit surged by 4900.00 per cent to Rs 6.24 crore as against Rs -0.13 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 126.94 per cent in September quarter.
Interest grew by 3100.00 per cent y-o-y to Rs 0.32 crore, while Taxation increased by 0.00 per cent at Rs 1.54 crore (Sep'23 Rs 0.00 crore).