The company reported standalone net profit during the quarter stood at Rs 0.80 crore compared to net loss of Rs 2.30 crore in the previous year quarter.
Net revenue of the company declined substantially by 77.24 per cent at Rs 7.23 crore in July-September quarter of this fiscal as against Rs 31.76 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 77.47 per cent to Rs 8.27 crore from Rs 36.71 crore in year ago period.
Other Income grew by 17.06 per cent at Rs 2.95 crore versus (Sep'24 Rs 2.52 crore).
Operating Profit slipped by 78.79 per cent to Rs -1.05 crore as against Rs -4.95 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 7.12 per cent in September quarter.
Interest declined by 40.00 per cent y-o-y to Rs 0.03 crore, while Taxation decreased by 89.93 per cent at Rs -0.14 crore (Sep'24 Rs -1.39 crore).