The company reported standalone net profit during the quarter stood at Rs 0.02 crore compared to net loss of Rs 5.46 crore in the previous year quarter.

Net revenue of the company rose substantially by 30.57 per cent at Rs 46.34 crore in October-December quarter of this fiscal as against Rs 35.49 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 28.50 per cent to Rs 46.67 crore from Rs 36.32 crore in year ago period.

Other Income grew by 962.50 per cent at Rs 0.85 crore versus (Dec'22 Rs 0.08 crore).

Operating Profit slipped by 60.24 per cent to Rs -0.33 crore as against Rs -0.83 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 69.66 per cent in December quarter.

Interest grew by 55.17 per cent y-o-y to Rs 0.45 crore