The company reported standalone net profit during the quarter stood at Rs 0.92 crore compared to net loss of Rs 0.09 crore in the previous year quarter.

Net revenue of the company declined moderately by 13.88 per cent at Rs 3.66 crore in October-December quarter of this fiscal as against Rs 4.25 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 28.25 per cent to Rs 3.20 crore from Rs 4.46 crore in year ago period.

Other Income grew by 406.67 per cent at Rs 0.76 crore versus (Dec'22 Rs 0.15 crore).

Operating Profit surged by 319.05 per cent to Rs 0.46 crore as against Rs -0.21 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 359.63 per cent in December quarter.

Taxation increased by 2700.00 per cent at Rs 0.28 crore (Dec'22 Rs 0.01 crore).