The company reported standalone net profit of Rs 2.65 crore for the quarter ended September 30, 2021 as compared to Rs 1.47 crore in the same period last year, registering a year-on-year growth of 80.27 per cent.

Net revenue of the company rose substantially by 94.48 per cent at Rs 34.85 crore in July-September quarter of this fiscal as against Rs 17.92 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 94.01 per cent to Rs 32.07 crore from Rs 16.53 crore in year ago period.

Other Income grew by 66.67 per cent at Rs 0.20 crore versus (Sep'20 Rs 0.12 crore).

Operating Profit surged by 99.28 per cent to Rs 2.77 crore as against Rs 1.39 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.31 per cent in September quarter.

Taxation increased by 0.00 per cent at Rs 0.28 crore (Sep'20 Rs 0.00 crore).