The company reported standalone net profit of Rs 5.42 crore for the quarter ended September 30, 2024 as compared to Rs 10.06 crore in the same period last year, registering a year-on-year decline of 46.12 per cent.
Net revenue of the company rose triple digit by 169.27 per cent at Rs 17.26 crore in July-September quarter of this fiscal as against Rs 6.41 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 125.65 per cent to Rs 12.14 crore from Rs 5.38 crore in year ago period.
Other Income dipped by 71.10 per cent at Rs 0.50 crore versus (Sep'23 Rs 1.73 crore).
Operating Profit surged by 397.09 per cent to Rs 5.12 crore as against Rs 1.03 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 83.88 per cent in September quarter.
Interest declined by 70.37 per cent y-o-y to Rs 0.16 crore