The company reported standalone net profit of Rs 0.18 crore for the quarter ended December 31, 2023 as compared to Rs 0.12 crore in the same period last year, registering a year-on-year growth of 50.00 per cent.

Net revenue of the company rose triple digit by 131.62 per cent at Rs 35.53 crore in October-December quarter of this fiscal as against Rs 15.34 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 133.71 per cent to Rs 35.43 crore from Rs 15.16 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.17 crore versus (Dec'22 Rs 0.00 crore).

Operating Profit slipped by 44.44 per cent to Rs 0.10 crore as against Rs 0.18 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 77.50 per cent in December quarter.

Taxation increased by 25.00 per cent at Rs 0.05 crore (Dec'22 Rs 0.04 crore).