The company reported standalone net profit of Rs 13.21 crore for the quarter ended September 30, 2024 as compared to Rs 9.65 crore in the same period last year, registering a year-on-year growth of 36.89 per cent.
Net revenue of the company rose substantially by 25.94 per cent at Rs 19.37 crore in July-September quarter of this fiscal as against Rs 15.38 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 48.05 per cent to Rs 2.28 crore from Rs 1.54 crore in year ago period.
Operating Profit surged by 23.48 per cent to Rs 17.09 crore as against Rs 13.84 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.96 per cent in September quarter.
Taxation decreased by 28.04 per cent at Rs 3.31 crore (Sep'23 Rs 4.60 crore).