The company reported standalone net profit during the quarter stood at Rs 1.06 crore compared to net loss of Rs 1.23 crore in the previous year quarter.
Net revenue of the company rose triple digit by 121.21 per cent at Rs 35.04 crore in October-December quarter of this fiscal as against Rs 15.84 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 101.37 per cent to Rs 32.28 crore from Rs 16.03 crore in year ago period.
Other Income grew by 475.00 per cent at Rs 0.69 crore versus (Dec'23 Rs 0.12 crore).
Operating Profit surged by 1552.63 per cent to Rs 2.76 crore as against Rs -0.19 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 739.02 per cent in December quarter.
Interest grew by 59.34 per cent y-o-y to Rs 1.45 crore, while Taxation increased by 184.09 per cent at Rs 0.37 crore (Dec'23 Rs -0.44 crore).