The company reported standalone net profit of Rs 0.60 crore for the quarter ended December 31, 2023 as compared to Rs 0.03 crore in the same period last year, registering a year-on-year growth of 1900.00 per cent.

Net revenue of the company rose three fold by 2415.00 per cent at Rs 30.18 crore in October-December quarter of this fiscal as against Rs 1.20 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 2419.83 per cent to Rs 29.23 crore from Rs 1.16 crore in year ago period.

Operating Profit surged by 3066.67 per cent to Rs 0.95 crore as against Rs 0.03 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 9.76 per cent in December quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.04 crore, while Taxation increased by 0.00 per cent at Rs 0.21 crore (Dec'22 Rs 0.00 crore).