The company reported standalone net profit during the quarter stood at Rs 0.97 crore compared to net loss of Rs 0.04 crore in the previous year quarter.

Net revenue of the company rose substantially by 61.42 per cent at Rs 76.19 crore in July-September quarter of this fiscal as against Rs 47.20 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 55.67 per cent to Rs 73.63 crore from Rs 47.30 crore in year ago period.

Other Income dipped by 99.13 per cent at Rs 0.01 crore versus (Sep'23 Rs 1.15 crore).

Operating Profit surged by 2660.00 per cent to Rs 2.56 crore as against Rs -0.10 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1627.27 per cent in September quarter.

Interest grew by 126.67 per cent y-o-y to Rs 0.34 crore, while Taxation increased by 1133.33 per cent at Rs 0.37 crore (Sep'23 Rs 0.03 crore).