The company reported standalone net profit during the quarter stood at Rs 2.81 crore compared to net loss of Rs 29.18 crore in the previous year quarter.

Net revenue of the company rose marginally by 1.92 per cent at Rs 55.88 crore in October-December quarter of this fiscal as against Rs 54.83 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 11.82 per cent to Rs 51.86 crore from Rs 46.38 crore in year ago period.

Other Income dipped by 17.27 per cent at Rs 41.73 crore versus (Dec'24 Rs 50.44 crore).

Operating Profit slipped by 52.43 per cent to Rs 4.02 crore as against Rs 8.45 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 53.34 per cent in December quarter.

Interest declined by 50.02 per cent y-o-y to Rs 42.96 crore, while Taxation increased by 200.80 per cent at Rs -7.49 crore (Dec'24 Rs -2.49 crore).