The company reported standalone net profit during the quarter stood at Rs 10.30 crore compared to net loss of Rs 5.00 crore in the previous year quarter.

Net revenue of the company rose substantially by 37.64 per cent at Rs 51.56 crore in October-December quarter of this fiscal as against Rs 37.46 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 19.93 per cent to Rs 53.37 crore from Rs 44.50 crore in year ago period.

Other Income dipped by 211.63 per cent at Rs -2.88 crore versus (Dec'23 Rs 2.58 crore).

Operating Profit slipped by 74.29 per cent to Rs -1.81 crore as against Rs -7.04 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 81.33 per cent in December quarter.

Taxation increased by 388.89 per cent at Rs -0.88 crore (Dec'23 Rs -0.18 crore).