The company reported standalone net profit of Rs 41.01 crore for the quarter ended December 31, 2023 as compared to Rs 1.75 crore in the same period last year, registering a year-on-year growth of 2243.43 per cent.

Net revenue of the company rose three fold by 658.12 per cent at Rs 187.71 crore in October-December quarter of this fiscal as against Rs 24.76 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 457.72 per cent to Rs 148.80 crore from Rs 26.68 crore in year ago period.

Other Income dipped by 7.71 per cent at Rs 3.83 crore versus (Dec'22 Rs 4.15 crore).

Operating Profit surged by 2126.56 per cent to Rs 38.91 crore as against Rs -1.92 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 367.48 per cent in December quarter.

Interest grew by 5450.00 per cent y-o-y to Rs 1.11 crore