The company reported standalone net profit during the quarter stood at Rs 2.71 crore compared to net loss of Rs 0.75 crore in the previous year quarter.
Net revenue of the company rose triple digit by 133.78 per cent at Rs 5.19 crore in October-December quarter of this fiscal as against Rs 2.22 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 28.84 per cent to Rs 1.53 crore from Rs 2.15 crore in year ago period.
Other Income grew by 14.20 per cent at Rs 1.93 crore versus (Dec'23 Rs 1.69 crore).
Operating Profit surged by 5128.57 per cent to Rs 3.66 crore as against Rs 0.07 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2182.20 per cent in December quarter.
Interest declined by 46.88 per cent y-o-y to Rs 1.19 crore, while Taxation increased by 1014.29 per cent at Rs 1.56 crore (Dec'23 Rs 0.14 crore).