The company reported standalone net profit during the quarter stood at Rs 16.74 crore compared to net loss of Rs 44.69 crore in the previous year quarter.

Net revenue of the company rose triple digit by 131.25 per cent at Rs 7.40 crore in October-December quarter of this fiscal as against Rs 3.20 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 75.68 per cent to Rs 12.40 crore from Rs 50.98 crore in year ago period.

Other Income grew by 97.87 per cent at Rs 25.05 crore versus (Dec'23 Rs 12.66 crore).

Operating Profit slipped by 89.54 per cent to Rs -5.00 crore as against Rs -47.78 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 95.47 per cent in December quarter.

Interest declined by 53.72 per cent y-o-y to Rs 3.23 crore