The company reported standalone net profit during the quarter stood at Rs 1.53 crore compared to net loss of Rs 0.77 crore in the previous year quarter.
Net revenue of the company rose three fold by 17368.18 per cent at Rs 38.43 crore in July-September quarter of this fiscal as against Rs 0.22 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 3195.54 per cent to Rs 36.91 crore from Rs 1.12 crore in year ago period.
Other Income dipped by 89.47 per cent at Rs 0.02 crore versus (Sep'23 Rs 0.19 crore).
Operating Profit surged by 268.89 per cent to Rs 1.52 crore as against Rs -0.90 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 100.97 per cent in September quarter.