The company reported standalone net profit during the quarter stood at Rs 0.17 crore compared to net loss of Rs 0.08 crore in the previous year quarter.
Net revenue of the company rose substantially by 45.92 per cent at Rs 15.19 crore in July-September quarter of this fiscal as against Rs 10.41 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 45.64 per cent to Rs 14.71 crore from Rs 10.10 crore in year ago period.
Operating Profit surged by 58.06 per cent to Rs 0.49 crore as against Rs 0.31 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 8.50 per cent in September quarter.
Interest declined by 22.58 per cent y-o-y to Rs 0.24 crore