The company reported standalone net profit of Rs 6.54 crore for the quarter ended December 31, 2023 as compared to Rs 0.18 crore in the same period last year, registering a year-on-year growth of 3533.33 per cent.

Net revenue of the company rose triple digit by 128.91 per cent at Rs 16.39 crore in October-December quarter of this fiscal as against Rs 7.16 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 48.27 per cent to Rs 9.43 crore from Rs 6.36 crore in year ago period.

Other Income grew by 3150.00 per cent at Rs 0.65 crore versus (Dec'22 Rs 0.02 crore).

Operating Profit surged by 770.00 per cent to Rs 6.96 crore as against Rs 0.80 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 279.79 per cent in December quarter.

Taxation increased by 72.88 per cent at Rs 1.02 crore (Dec'22 Rs 0.59 crore).