The company reported standalone net profit of Rs 0.62 crore for the quarter ended December 31, 2023 as compared to Rs 0.04 crore in the same period last year, registering a year-on-year growth of 1450.00 per cent.

Net revenue of the company rose triple digit by 134.46 per cent at Rs 24.22 crore in October-December quarter of this fiscal as against Rs 10.33 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 128.34 per cent to Rs 23.61 crore from Rs 10.34 crore in year ago period.

Operating Profit surged by 6300.00 per cent to Rs 0.62 crore as against Rs -0.01 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2922.22 per cent in December quarter.