The company reported standalone net profit of Rs 0.44 crore for the quarter ended September 30, 2024 as compared to Rs 0.09 crore in the same period last year, registering a year-on-year growth of 388.89 per cent.
Net revenue of the company declined moderately by 9.26 per cent at Rs 19.49 crore in July-September quarter of this fiscal as against Rs 21.48 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 13.56 per cent to Rs 18.48 crore from Rs 21.38 crore in year ago period.
Operating Profit surged by 920.00 per cent to Rs 1.02 crore as against Rs 0.10 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1041.30 per cent in September quarter.
Interest grew by 200.00 per cent y-o-y to Rs 0.06 crore, while Taxation decreased by 10.34 per cent at Rs 0.26 crore (Sep'23 Rs 0.29 crore).