The company reported standalone net profit during the quarter stood at Rs 4.69 crore compared to net loss of Rs 2.40 crore in the previous year quarter.
Net revenue of the company declined substantially by 33.88 per cent at Rs 107.65 crore in July-September quarter of this fiscal as against Rs 162.81 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 57.51 per cent to Rs 158.36 crore from Rs 372.67 crore in year ago period.
Other Income dipped by 73.80 per cent at Rs 53.47 crore versus (Sep'24 Rs 204.08 crore).
Operating Profit slipped by 75.84 per cent to Rs -50.71 crore as against Rs -209.87 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 63.46 per cent in September quarter.
Taxation decreased by 59.81 per cent at Rs -2.56 crore (Sep'24 Rs -6.37 crore).