The company reported standalone net profit during the quarter stood at Rs 1.87 crore compared to net loss of Rs 11.67 crore in the previous year quarter.

Net revenue of the company declined substantially by 84.23 per cent at Rs 1.87 crore in July-September quarter of this fiscal as against Rs 11.86 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 143.77 per cent to Rs -10.54 crore from Rs 24.08 crore in year ago period.

Other Income grew by 1550.00 per cent at Rs 0.33 crore versus (Sep'24 Rs 0.02 crore).

Operating Profit surged by 201.55 per cent to Rs 12.41 crore as against Rs -12.22 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 744.06 per cent in September quarter.

Interest grew by 4817.65 per cent y-o-y to Rs 8.02 crore, while Taxation increased by 116.04 per cent at Rs 0.64 crore (Sep'24 Rs -3.99 crore).