The company reported standalone net profit of Rs 6.34 crore for the quarter ended September 30, 2021 as compared to Rs 1.01 crore in the same period last year, registering a year-on-year growth of 527.72 per cent.
Net revenue of the company rose triple digit by 148.87 per cent at Rs 65.95 crore in July-September quarter of this fiscal as against Rs 26.50 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 88.89 per cent to Rs 60.67 crore from Rs 32.12 crore in year ago period.
Other Income grew by 300.00 per cent at Rs 5.64 crore versus (Sep'20 Rs 1.41 crore).
Operating Profit surged by 193.77 per cent to Rs 5.27 crore as against Rs -5.62 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 137.72 per cent in September quarter.
Interest declined by 79.20 per cent y-o-y to Rs 0.26 crore, while Taxation increased by 158.56 per cent at Rs 1.95 crore (Sep'20 Rs -3.33 crore).