The company reported standalone net profit of Rs 0.62 crore for the quarter ended September 30, 2024 as compared to Rs 0.67 crore in the same period last year, registering a year-on-year decline of 7.46 per cent.

Net revenue of the company rose triple digit by 139.64 per cent at Rs 66.74 crore in July-September quarter of this fiscal as against Rs 27.85 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 140.03 per cent to Rs 67.76 crore from Rs 28.23 crore in year ago period.

Other Income grew by 31.29 per cent at Rs 1.93 crore versus (Sep'23 Rs 1.47 crore).

Operating Profit surged by 168.42 per cent to Rs -1.02 crore as against Rs -0.38 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 12.50 per cent in September quarter.

Taxation decreased by 35.29 per cent at Rs 0.22 crore (Sep'23 Rs 0.34 crore).