The company reported standalone net profit during the quarter stood at Rs 0.26 crore compared to net loss of Rs 0.07 crore in the previous year quarter.

Net revenue of the company rose two fold by 219.70 per cent at Rs 21.58 crore in October-December quarter of this fiscal as against Rs 6.75 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 215.70 per cent to Rs 21.31 crore from Rs 6.75 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.10 crore versus (Dec'23 Rs 0.00 crore).

Operating Profit surged by 0.00 per cent to Rs 0.27 crore as against Rs 0.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2600.00 per cent in December quarter.