The company reported standalone net profit of Rs 0.02 crore for the quarter ended December 31, 2024 as compared to Rs 0.34 crore in the same period last year, registering a year-on-year decline of 94.12 per cent.
Net revenue of the company rose triple digit by 100.91 per cent at Rs 15.51 crore in October-December quarter of this fiscal as against Rs 7.72 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 110.61 per cent to Rs 15.48 crore from Rs 7.35 crore in year ago period.
Operating Profit slipped by 91.89 per cent to Rs 0.03 crore as against Rs 0.37 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 96.23 per cent in December quarter.
Taxation decreased by 83.33 per cent at Rs 0.01 crore (Dec'23 Rs 0.06 crore).