The company reported standalone net profit during the quarter stood at Rs 0.07 crore compared to net loss of Rs 0.22 crore in the previous year quarter.
Net revenue of the company rose substantially by 98.44 per cent at Rs 1.27 crore in October-December quarter of this fiscal as against Rs 0.64 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 54.32 per cent to Rs 1.25 crore from Rs 0.81 crore in year ago period.
Other Income grew by 200.00 per cent at Rs 0.09 crore versus (Dec'23 Rs 0.03 crore).
Operating Profit surged by 106.25 per cent to Rs 0.01 crore as against Rs -0.16 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 104.28 per cent in December quarter.