The company reported standalone net profit of Rs 11.00 crore for the quarter ended December 31, 2022 as compared to Rs 10.00 crore in the same period last year, registering a year-on-year growth of 10.00 per cent.
Net revenue of the company declined marginally by 3.03 per cent at Rs 32.00 crore in October-December quarter of this fiscal as against Rs 33.00 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 3.57 per cent to Rs 29.00 crore from Rs 28.00 crore in year ago period.
Other Income grew by 266.67 per cent at Rs 11.00 crore versus (Dec'21 Rs 3.00 crore).
Operating Profit slipped by 40.00 per cent to Rs 3.00 crore as against Rs 5.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 38.09 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 1.00 crore, while Taxation increased by 133.33 per cent at Rs 1.00 crore (Dec'21 Rs -3.00 crore).