The company reported standalone net profit of Rs 0.12 crore for the quarter ended December 31, 2024 as compared to Rs 0.64 crore in the same period last year, registering a year-on-year decline of 81.25 per cent.
Net revenue of the company rose triple digit by 170.55 per cent at Rs 30.87 crore in October-December quarter of this fiscal as against Rs 11.41 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 144.05 per cent to Rs 31.80 crore from Rs 13.03 crore in year ago period.
Other Income dipped by 35.71 per cent at Rs 1.80 crore versus (Dec'23 Rs 2.80 crore).
Operating Profit slipped by 43.56 per cent to Rs -0.92 crore as against Rs -1.63 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 79.02 per cent in December quarter.
Interest grew by 966.67 per cent y-o-y to Rs 0.64 crore, while Taxation decreased by 90.70 per cent at Rs 0.04 crore (Dec'23 Rs 0.43 crore).