The company reported standalone net profit during the quarter stood at Rs 1.10 crore compared to net loss of Rs 3.64 crore in the previous year quarter.
Net revenue of the company rose by 5.01 per cent at Rs 213.11 crore in October-December quarter of this fiscal as against Rs 202.94 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 1.12 per cent to Rs 192.85 crore from Rs 190.71 crore in year ago period.
Other Income dipped by 88.35 per cent at Rs 0.29 crore versus (Dec'23 Rs 2.49 crore).
Operating Profit surged by 65.66 per cent to Rs 20.26 crore as against Rs 12.23 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 57.71 per cent in December quarter.
Interest declined by 16.70 per cent y-o-y to Rs 10.97 crore, while Taxation increased by 162.65 per cent at Rs 1.04 crore (Dec'23 Rs -1.66 crore).