The company reported standalone net profit during the quarter stood at Rs 0.93 crore compared to net loss of Rs 1.49 crore in the previous year quarter.
Net revenue of the company rose substantially by 37.84 per cent at Rs 33.51 crore in July-September quarter of this fiscal as against Rs 24.31 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 27.44 per cent to Rs 30.42 crore from Rs 23.87 crore in year ago period.
Other Income grew by 189.80 per cent at Rs 1.42 crore versus (Sep'23 Rs 0.49 crore).
Operating Profit surged by 604.55 per cent to Rs 3.10 crore as against Rs 0.44 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 410.50 per cent in September quarter.
Interest grew by 35.89 per cent y-o-y to Rs 2.84 crore, while Taxation increased by 346.15 per cent at Rs 0.32 crore (Sep'23 Rs -0.13 crore).