The company reported standalone net profit during the quarter stood at Rs 0.91 crore compared to net loss of Rs 0.90 crore in the previous year quarter.
Net revenue of the company rose triple digit by 143.95 per cent at Rs 32.86 crore in October-December quarter of this fiscal as against Rs 13.47 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 129.28 per cent to Rs 31.09 crore from Rs 13.56 crore in year ago period.
Other Income dipped by 22.22 per cent at Rs 0.14 crore versus (Dec'23 Rs 0.18 crore).
Operating Profit surged by 2300.00 per cent to Rs 1.76 crore as against Rs -0.08 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 966.13 per cent in December quarter.
Interest grew by 160.00 per cent y-o-y to Rs 0.52 crore, while Taxation decreased by 78.13 per cent at Rs 0.07 crore (Dec'23 Rs 0.32 crore).