The company reported standalone net profit during the quarter stood at Rs 9.00 crore compared to net loss of Rs 5.54 crore in the previous year quarter.
Net revenue of the company rose triple digit by 109.48 per cent at Rs 66.51 crore in October-December quarter of this fiscal as against Rs 31.75 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 25.36 per cent to Rs 49.92 crore from Rs 39.82 crore in year ago period.
Other Income grew by 13.64 per cent at Rs 3.25 crore versus (Dec'19 Rs 2.86 crore).
Operating Profit surged by 305.83 per cent to Rs 16.59 crore as against Rs -8.06 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 198.19 per cent in December quarter.
Interest grew by 5283.33 per cent y-o-y to Rs 3.23 crore, while Taxation increased by 249.07 per cent at Rs 3.22 crore (Dec'19 Rs -2.16 crore).