The company reported standalone net profit of Rs 0.06 crore for the quarter ended December 31, 2024 as compared to Rs 0.46 crore in the same period last year, registering a year-on-year decline of 86.96 per cent.
Net revenue of the company declined substantially by 55.26 per cent at Rs 7.06 crore in October-December quarter of this fiscal as against Rs 15.78 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 58.31 per cent to Rs 6.67 crore from Rs 16.00 crore in year ago period.
Other Income dipped by 99.05 per cent at Rs 0.01 crore versus (Dec'23 Rs 1.05 crore).
Operating Profit surged by 277.27 per cent to Rs 0.39 crore as against Rs -0.22 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 504.38 per cent in December quarter.
Interest grew by 13.04 per cent y-o-y to Rs 0.26 crore, while Taxation decreased by 81.25 per cent at Rs 0.03 crore (Dec'23 Rs 0.16 crore).