The company reported standalone net profit during the quarter stood at Rs 0.63 crore compared to net loss of Rs 0.34 crore in the previous year quarter.
Net revenue of the company rose marginally by 4.94 per cent at Rs 21.25 crore in October-December quarter of this fiscal as against Rs 20.25 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 0.68 per cent to Rs 19.08 crore from Rs 19.21 crore in year ago period.
Other Income grew by 1500.00 per cent at Rs 0.16 crore versus (Dec'23 Rs 0.01 crore).
Operating Profit surged by 106.67 per cent to Rs 2.17 crore as against Rs 1.05 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 97.67 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.48 crore, while Taxation increased by 190.91 per cent at Rs 0.10 crore (Dec'23 Rs -0.11 crore).