The company reported standalone net profit of Rs 23.43 crore for the quarter ended September 30, 2024 as compared to Rs 9.15 crore in the same period last year, registering a year-on-year growth of 156.07 per cent.
Net revenue of the company rose substantially by 74.22 per cent at Rs 51.50 crore in July-September quarter of this fiscal as against Rs 29.56 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 42.88 per cent to Rs 28.99 crore from Rs 20.29 crore in year ago period.
Other Income grew by 74.36 per cent at Rs 2.04 crore versus (Sep'23 Rs 1.17 crore).
Operating Profit surged by 142.83 per cent to Rs 22.51 crore as against Rs 9.27 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 39.46 per cent in September quarter.
Interest declined by 19.35 per cent y-o-y to Rs 0.25 crore