The company reported standalone net profit during the quarter stood at Rs 1.14 crore compared to net loss of Rs 0.27 crore in the previous year quarter.
Net revenue of the company rose three fold by 503.00 per cent at Rs 24.12 crore in July-September quarter of this fiscal as against Rs 4.00 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 426.01 per cent to Rs 23.46 crore from Rs 4.46 crore in year ago period.
Other Income grew by 185.71 per cent at Rs 0.60 crore versus (Sep'23 Rs 0.21 crore).
Operating Profit surged by 243.48 per cent to Rs 0.66 crore as against Rs -0.46 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 123.64 per cent in September quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.11 crore