The company reported standalone net profit during the quarter stood at Rs 0.45 crore compared to net loss of Rs 0.08 crore in the previous year quarter.

Net revenue of the company rose substantially by 27.31 per cent at Rs 2.75 crore in July-September quarter of this fiscal as against Rs 2.16 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 15.97 per cent to Rs 2.21 crore from Rs 2.63 crore in year ago period.

Other Income dipped by 94.12 per cent at Rs 0.04 crore versus (Sep'22 Rs 0.68 crore).

Operating Profit surged by 214.89 per cent to Rs 0.54 crore as against Rs -0.47 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 191.32 per cent in September quarter.

Interest declined by 26.67 per cent y-o-y to Rs 0.11 crore, while Taxation increased by 800.00 per cent at Rs -0.09 crore (Sep'22 Rs -0.01 crore).