The company reported standalone net profit during the quarter stood at Rs 4.04 crore compared to net loss of Rs 1.37 crore in the previous year quarter.
Net revenue of the company declined substantially by 49.54 per cent at Rs 28.35 crore in October-December quarter of this fiscal as against Rs 56.18 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 57.69 per cent to Rs 24.77 crore from Rs 58.54 crore in year ago period.
Other Income dipped by 2.27 per cent at Rs 1.29 crore versus (Dec'24 Rs 1.32 crore).
Operating Profit surged by 251.69 per cent to Rs 3.58 crore as against Rs -2.36 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 400.24 per cent in December quarter.
Interest declined by 25.00 per cent y-o-y to Rs 0.03 crore, while Taxation increased by 360.00 per cent at Rs 0.69 crore (Dec'24 Rs 0.15 crore).