The company reported standalone net profit during the quarter stood at Rs 0.99 crore compared to net loss of Rs 0.71 crore in the previous year quarter.
Net revenue of the company rose substantially by 86.14 per cent at Rs 6.18 crore in July-September quarter of this fiscal as against Rs 3.32 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 30.62 per cent to Rs 4.82 crore from Rs 3.69 crore in year ago period.
Other Income dipped by 42.86 per cent at Rs 0.08 crore versus (Sep'23 Rs 0.14 crore).
Operating Profit surged by 467.57 per cent to Rs 1.36 crore as against Rs -0.37 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 297.93 per cent in September quarter.
Interest declined by 20.00 per cent y-o-y to Rs 0.08 crore