The company reported standalone net profit of Rs 0.11 crore for the quarter ended December 31, 2024 as compared to Rs 0.34 crore in the same period last year, registering a year-on-year decline of 67.65 per cent.
Net revenue of the company declined substantially by 78.12 per cent at Rs 2.40 crore in October-December quarter of this fiscal as against Rs 10.97 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 79.23 per cent to Rs 2.26 crore from Rs 10.88 crore in year ago period.
Operating Profit surged by 44.44 per cent to Rs 0.13 crore as against Rs 0.09 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 598.75 per cent in December quarter.
Interest declined by 50.00 per cent y-o-y to Rs 0.01 crore, while Taxation increased by 0.00 per cent at Rs 0.02 crore (Dec'23 Rs 0.02 crore).