The company reported standalone net profit during the quarter stood at Rs 0.34 crore compared to net loss of Rs 3.75 crore in the previous year quarter.

Net revenue of the company rose marginally by 4.33 per cent at Rs 84.12 crore in July-September quarter of this fiscal as against Rs 80.63 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 1.09 per cent to Rs 78.30 crore from Rs 79.16 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.06 crore versus (Sep'23 Rs 0.06 crore).

Operating Profit surged by 298.63 per cent to Rs 5.82 crore as against Rs 1.46 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 282.32 per cent in September quarter.

Interest declined by 6.33 per cent y-o-y to Rs 3.55 crore, while Taxation increased by 107.14 per cent at Rs 0.02 crore (Sep'23 Rs -0.28 crore).