The company reported standalone net profit of Rs 5.40 crore for the quarter ended December 31, 2024 as compared to Rs 0.76 crore in the same period last year, registering a year-on-year growth of 610.53 per cent.

Net revenue of the company declined substantially by 37.46 per cent at Rs 82.75 crore in October-December quarter of this fiscal as against Rs 132.31 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 40.15 per cent to Rs 79.35 crore from Rs 132.58 crore in year ago period.

Other Income dipped by 30.10 per cent at Rs 2.81 crore versus (Dec'23 Rs 4.02 crore).

Operating Profit surged by 1359.26 per cent to Rs 3.40 crore as against Rs -0.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2057.14 per cent in December quarter.

Taxation increased by 551.95 per cent at Rs 3.48 crore (Dec'23 Rs -0.77 crore).