The company reported standalone net profit during the quarter stood at Rs 23.67 crore compared to net loss of Rs 3.49 crore in the previous year quarter.

Net revenue of the company declined substantially by 20.84 per cent at Rs 26.52 crore in October-December quarter of this fiscal as against Rs 33.50 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 81.15 per cent to Rs 3.69 crore from Rs 19.58 crore in year ago period.

Other Income dipped by 24.79 per cent at Rs 2.64 crore versus (Dec'24 Rs 3.51 crore).

Operating Profit surged by 64.01 per cent to Rs 22.83 crore as against Rs 13.92 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 107.27 per cent in December quarter.

Taxation increased by 57.00 per cent at Rs 1.57 crore (Dec'24 Rs 1.00 crore).