The company reported standalone net profit during the quarter stood at Rs 5.69 crore compared to net loss of Rs 0.12 crore in the previous year quarter.
Net revenue of the company rose three fold by 113483.33 per cent at Rs 68.15 crore in October-December quarter of this fiscal as against Rs 0.06 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 17125.00 per cent to Rs 62.01 crore from Rs 0.36 crore in year ago period.
Other Income dipped by 81.82 per cent at Rs 0.04 crore versus (Dec'23 Rs 0.22 crore).
Operating Profit surged by 2217.24 per cent to Rs 6.14 crore as against Rs -0.29 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 101.98 per cent in December quarter.
Taxation increased by 4800.00 per cent at Rs 0.49 crore (Dec'23 Rs 0.01 crore).