The company reported standalone net profit during the quarter stood at Rs 1.19 crore compared to net loss of Rs 2.39 crore in the previous year quarter.
Net revenue of the company rose substantially by 84.00 per cent at Rs 136.51 crore in July-September quarter of this fiscal as against Rs 74.19 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 80.41 per cent to Rs 125.80 crore from Rs 69.73 crore in year ago period.
Other Income grew by 160.98 per cent at Rs 1.07 crore versus (Sep'23 Rs 0.41 crore).
Operating Profit surged by 140.13 per cent to Rs 10.71 crore as against Rs 4.46 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 30.62 per cent in September quarter.
Interest grew by 45.78 per cent y-o-y to Rs 3.28 crore, while Taxation increased by 450.00 per cent at Rs 0.42 crore (Sep'23 Rs -0.12 crore).