The company reported standalone net profit during the quarter stood at Rs 8.04 crore compared to net loss of Rs 16.13 crore in the previous year quarter.

Net revenue of the company rose moderately by 7.79 per cent at Rs 306.37 crore in October-December quarter of this fiscal as against Rs 284.22 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 0.45 per cent to Rs 298.16 crore from Rs 296.83 crore in year ago period.

Other Income grew by 61.85 per cent at Rs 5.60 crore versus (Dec'24 Rs 3.46 crore).

Operating Profit surged by 165.11 per cent to Rs 8.21 crore as against Rs -12.61 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 160.36 per cent in December quarter.

Interest declined by 32.00 per cent y-o-y to Rs 1.70 crore, while Taxation decreased by 4.26 per cent at Rs -0.45 crore (Dec'24 Rs -0.47 crore).