The company reported standalone net profit of Rs 0.36 crore for the quarter ended September 30, 2022 as compared to Rs 0.15 crore in the same period last year, registering a year-on-year growth of 140.00 per cent.

Net revenue of the company rose substantially by 29.63 per cent at Rs 11.90 crore in July-September quarter of this fiscal as against Rs 9.18 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 26.54 per cent to Rs 10.92 crore from Rs 8.63 crore in year ago period.

Other Income dipped by 36.36 per cent at Rs 0.07 crore versus (Sep'21 Rs 0.11 crore).

Operating Profit surged by 81.48 per cent to Rs 0.98 crore as against Rs 0.54 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 39.09 per cent in September quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.12 crore, while Taxation increased by 160.00 per cent at Rs 0.26 crore (Sep'21 Rs 0.10 crore).