The company reported standalone net profit during the quarter stood at Rs 0.31 crore compared to net loss of Rs 0.08 crore in the previous year quarter.
Net revenue of the company declined marginally by 1.82 per cent at Rs 16.16 crore in July-September quarter of this fiscal as against Rs 16.46 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 1.55 per cent to Rs 15.26 crore from Rs 15.50 crore in year ago period.
Other Income dipped by 40.51 per cent at Rs 0.47 crore versus (Sep'23 Rs 0.79 crore).
Operating Profit slipped by 5.21 per cent to Rs 0.91 crore as against Rs 0.96 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4.10 per cent in September quarter.
Interest declined by 57.25 per cent y-o-y to Rs 0.56 crore, while Taxation increased by 0.00 per cent at Rs 0.06 crore (Sep'23 Rs 0.00 crore).