The company reported standalone net profit of Rs 0.20 crore for the quarter ended September 30, 2024 as compared to Rs 0.07 crore in the same period last year, registering a year-on-year growth of 185.71 per cent.
Net revenue of the company rose substantially by 51.96 per cent at Rs 25.59 crore in July-September quarter of this fiscal as against Rs 16.84 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 50.37 per cent to Rs 24.69 crore from Rs 16.42 crore in year ago period.
Operating Profit surged by 114.29 per cent to Rs 0.90 crore as against Rs 0.42 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 41.94 per cent in September quarter.
Interest grew by 44.83 per cent y-o-y to Rs 0.42 crore, while Taxation increased by 1150.00 per cent at Rs 0.25 crore (Sep'23 Rs 0.02 crore).