The company reported standalone net loss during the quarter stood at Rs 0.04 crore as compared to net loss of Rs 0.18 crore in the previous year quarter.

Net revenue of the company rose substantially by 21.78 per cent at Rs 40.48 crore in October-December quarter of this fiscal as against Rs 33.24 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 17.54 per cent to Rs 37.67 crore from Rs 32.05 crore in year ago period.

Other Income grew by 600.00 per cent at Rs 0.07 crore versus (Dec'23 Rs 0.01 crore).

Operating Profit surged by 134.17 per cent to Rs 2.81 crore as against Rs 1.20 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 92.78 per cent in December quarter.

Interest grew by 108.51 per cent y-o-y to Rs 1.96 crore, while Taxation increased by 0.00 per cent at Rs 0.43 crore (Dec'23 Rs 0.00 crore).