The company reported standalone net profit during the quarter stood at Rs 6.86 crore compared to net loss of Rs 10.49 crore in the previous year quarter.

Net revenue of the company declined moderately by 12.10 per cent at Rs 135.15 crore in July-September quarter of this fiscal as against Rs 153.75 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 22.81 per cent to Rs 121.37 crore from Rs 157.23 crore in year ago period.

Other Income grew by 83.33 per cent at Rs 0.44 crore versus (Sep'24 Rs 0.24 crore).

Operating Profit surged by 495.98 per cent to Rs 13.78 crore as against Rs -3.48 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 551.33 per cent in September quarter.

Interest declined by 36.82 per cent y-o-y to Rs 3.50 crore, while Taxation increased by 165.80 per cent at Rs 2.29 crore (Sep'24 Rs -3.48 crore).