The company reported standalone net profit during the quarter stood at Rs 3.33 crore compared to net loss of Rs 1.65 crore in the previous year quarter.
Net revenue of the company rose substantially by 52.32 per cent at Rs 88.07 crore in July-September quarter of this fiscal as against Rs 57.82 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 42.09 per cent to Rs 79.74 crore from Rs 56.12 crore in year ago period.
Other Income dipped by 40.00 per cent at Rs 0.18 crore versus (Sep'23 Rs 0.30 crore).
Operating Profit surged by 390.00 per cent to Rs 8.33 crore as against Rs 1.70 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 221.77 per cent in September quarter.
Interest grew by 31.68 per cent y-o-y to Rs 2.12 crore, while Taxation increased by 1666.67 per cent at Rs 0.47 crore (Sep'23 Rs -0.03 crore).