The company reported standalone net profit during the quarter stood at Rs 1.29 crore compared to net loss of Rs 0.26 crore in the previous year quarter.

Net revenue of the company rose marginally by 3.77 per cent at Rs 55.34 crore in October-December quarter of this fiscal as against Rs 53.33 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 11.10 per cent to Rs 55.63 crore from Rs 50.07 crore in year ago period.

Other Income grew by 1216.67 per cent at Rs 3.95 crore versus (Dec'24 Rs 0.30 crore).

Operating Profit slipped by 108.90 per cent to Rs -0.29 crore as against Rs 3.26 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 108.51 per cent in December quarter.

Interest declined by 11.11 per cent y-o-y to Rs 1.28 crore, while Taxation decreased by 92.50 per cent at Rs 0.06 crore (Dec'24 Rs 0.80 crore).