The company reported standalone net profit during the quarter stood at Rs 0.05 crore compared to net loss of Rs 0.01 crore in the previous year quarter.
Net revenue of the company rose moderately by 13.62 per cent at Rs 11.93 crore in October-December quarter of this fiscal as against Rs 10.50 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 13.71 per cent to Rs 11.28 crore from Rs 9.92 crore in year ago period.
Other Income grew by 120.00 per cent at Rs 0.11 crore versus (Dec'23 Rs 0.05 crore).
Operating Profit surged by 12.07 per cent to Rs 0.65 crore as against Rs 0.58 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.27 per cent in December quarter.
Interest grew by 7.14 per cent y-o-y to Rs 0.30 crore