The company reported standalone net profit of Rs 1.70 crore for the quarter ended September 30, 2023 as compared to Rs 0.30 crore in the same period last year, registering a year-on-year growth of 466.67 per cent.

Net revenue of the company rose three fold by 1154.18 per cent at Rs 34.49 crore in July-September quarter of this fiscal as against Rs 2.75 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 1374.68 per cent to Rs 34.36 crore from Rs 2.33 crore in year ago period.

Other Income grew by 21300.00 per cent at Rs 2.14 crore versus (Sep'22 Rs 0.01 crore).

Operating Profit slipped by 65.85 per cent to Rs 0.14 crore as against Rs 0.41 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 97.41 per cent in September quarter.

Taxation increased by 470.00 per cent at Rs 0.57 crore (Sep'22 Rs 0.10 crore).