The company reported standalone net profit during the quarter stood at Rs 0.57 crore compared to net loss of Rs 0.21 crore in the previous year quarter.

Net revenue of the company declined substantially by 42.54 per cent at Rs 19.42 crore in October-December quarter of this fiscal as against Rs 33.80 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 44.69 per cent to Rs 18.75 crore from Rs 33.90 crore in year ago period.

Other Income grew by 50.00 per cent at Rs 0.06 crore versus (Dec'24 Rs 0.04 crore).

Operating Profit surged by 709.09 per cent to Rs 0.67 crore as against Rs -0.11 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1175.00 per cent in December quarter.