The company reported standalone net profit of Rs 0.79 crore for the quarter ended September 30, 2022 as compared to Rs 0.69 crore in the same period last year, registering a year-on-year growth of 14.49 per cent.
Net revenue of the company rose marginally by 4.20 per cent at Rs 33.99 crore in July-September quarter of this fiscal as against Rs 32.62 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 5.99 per cent to Rs 33.07 crore from Rs 31.20 crore in year ago period.
Other Income dipped by 12.50 per cent at Rs 0.14 crore versus (Sep'21 Rs 0.16 crore).
Operating Profit slipped by 35.21 per cent to Rs 0.92 crore as against Rs 1.42 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 37.84 per cent in September quarter.
Interest declined by 20.63 per cent y-o-y to Rs 0.50 crore