The company reported standalone net profit during the quarter stood at Rs 0.20 crore compared to net loss of Rs 0.30 crore in the previous year quarter.

Net revenue of the company rose marginally by 2.69 per cent at Rs 3.05 crore in July-September quarter of this fiscal as against Rs 2.97 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 14.19 per cent to Rs 2.54 crore from Rs 2.96 crore in year ago period.

Operating Profit surged by 5000.00 per cent to Rs 0.51 crore as against Rs 0.01 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 3545.65 per cent in September quarter.