The company reported standalone net profit of Rs 0.58 crore for the quarter ended December 31, 2023 as compared to Rs 0.41 crore in the same period last year, registering a year-on-year growth of 41.46 per cent.

Net revenue of the company rose triple digit by 176.47 per cent at Rs 2.82 crore in October-December quarter of this fiscal as against Rs 1.02 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 343.48 per cent to Rs 2.04 crore from Rs 0.46 crore in year ago period.

Operating Profit surged by 39.29 per cent to Rs 0.78 crore as against Rs 0.56 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 49.89 per cent in December quarter.

Taxation increased by 35.71 per cent at Rs 0.19 crore (Dec'22 Rs 0.14 crore).