The company reported standalone net profit during the quarter stood at Rs 2.60 crore compared to net loss of Rs 1.22 crore in the previous year quarter.

Net revenue of the company declined substantially by 60.80 per cent at Rs 89.40 crore in October-December quarter of this fiscal as against Rs 228.04 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 63.40 per cent to Rs 84.52 crore from Rs 230.95 crore in year ago period.

Other Income dipped by 75.76 per cent at Rs 0.24 crore versus (Dec'24 Rs 0.99 crore).

Operating Profit surged by 267.12 per cent to Rs 4.88 crore as against Rs -2.92 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 525.78 per cent in December quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.69 crore, while Taxation increased by 722.22 per cent at Rs 1.68 crore (Dec'24 Rs -0.27 crore).