The company reported standalone net profit during the quarter stood at Rs 0.15 crore compared to net loss of Rs 0.50 crore in the previous year quarter.
Net revenue of the company rose substantially by 27.79 per cent at Rs 10.30 crore in July-September quarter of this fiscal as against Rs 8.06 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 13.13 per cent to Rs 8.36 crore from Rs 7.39 crore in year ago period.
Other Income dipped by 38.46 per cent at Rs 0.16 crore versus (Sep'23 Rs 0.26 crore).
Operating Profit surged by 189.55 per cent to Rs 1.94 crore as against Rs 0.67 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 126.65 per cent in September quarter.
Interest grew by 8.00 per cent y-o-y to Rs 0.27 crore, while Taxation increased by 331.58 per cent at Rs 0.44 crore (Sep'23 Rs -0.19 crore).