The company reported standalone net profit during the quarter stood at Rs 2.05 crore compared to net loss of Rs 0.57 crore in the previous year quarter.
Net revenue of the company rose substantially by 61.80 per cent at Rs 103.99 crore in July-September quarter of this fiscal as against Rs 64.27 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 57.26 per cent to Rs 101.81 crore from Rs 64.74 crore in year ago period.
Operating Profit surged by 565.96 per cent to Rs 2.19 crore as against Rs -0.47 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 387.67 per cent in September quarter.