The company reported standalone net profit during the quarter stood at Rs 0.25 crore compared to net loss of Rs 0.25 crore in the previous year quarter.
Net revenue of the company rose three fold by 6360.42 per cent at Rs 62.02 crore in October-December quarter of this fiscal as against Rs 0.96 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 4752.85 per cent to Rs 59.69 crore from Rs 1.23 crore in year ago period.
Other Income grew by 1400.00 per cent at Rs 0.15 crore versus (Dec'23 Rs 0.01 crore).
Operating Profit surged by 996.15 per cent to Rs 2.33 crore as against Rs -0.26 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 113.71 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 1.88 crore, while Taxation increased by 0.00 per cent at Rs 0.04 crore (Dec'23 Rs 0.00 crore).