The company reported standalone net profit of Rs 0.14 crore for the quarter ended December 31, 2024 as compared to Rs 0.21 crore in the same period last year, registering a year-on-year decline of 33.33 per cent.

Net revenue of the company rose triple digit by 112.11 per cent at Rs 31.52 crore in October-December quarter of this fiscal as against Rs 14.86 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 97.91 per cent to Rs 31.25 crore from Rs 15.79 crore in year ago period.

Operating Profit surged by 128.26 per cent to Rs 0.26 crore as against Rs -0.92 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 113.37 per cent in December quarter.

Interest declined by 65.22 per cent y-o-y to Rs 0.08 crore, while Taxation decreased by 40.00 per cent at Rs 0.03 crore (Dec'23 Rs 0.05 crore).