The company reported standalone net profit during the quarter stood at Rs 5.01 crore compared to net loss of Rs 1.65 crore in the previous year quarter.

Net revenue of the company rose substantially by 78.86 per cent at Rs 10.32 crore in October-December quarter of this fiscal as against Rs 5.77 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 79.42 per cent to Rs 12.47 crore from Rs 6.95 crore in year ago period.

Other Income grew by 37700.00 per cent at Rs 7.56 crore versus (Dec'24 Rs 0.02 crore).

Operating Profit surged by 82.20 per cent to Rs -2.15 crore as against Rs -1.18 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2.01 per cent in December quarter.

Interest grew by 64.00 per cent y-o-y to Rs 0.41 crore, while Taxation decreased by 180.00 per cent at Rs -0.04 crore (Dec'24 Rs 0.05 crore).