The company reported standalone net profit during the quarter stood at Rs 0.05 crore compared to net loss of Rs 0.43 crore in the previous year quarter.
Net revenue of the company declined by 5.56 per cent at Rs 3.23 crore in October-December quarter of this fiscal as against Rs 3.42 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 16.99 per cent to Rs 2.98 crore from Rs 3.59 crore in year ago period.
Other Income dipped by 57.14 per cent at Rs 0.15 crore versus (Dec'23 Rs 0.35 crore).
Operating Profit surged by 247.06 per cent to Rs 0.25 crore as against Rs -0.17 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 253.15 per cent in December quarter.
Interest declined by 74.07 per cent y-o-y to Rs 0.14 crore