The company reported standalone net profit of Rs 7.29 crore for the quarter ended September 30, 2024 as compared to Rs 2.85 crore in the same period last year, registering a year-on-year growth of 155.79 per cent.
Net revenue of the company rose substantially by 59.51 per cent at Rs 52.24 crore in July-September quarter of this fiscal as against Rs 32.75 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 48.18 per cent to Rs 41.55 crore from Rs 28.04 crore in year ago period.
Other Income grew by 160.00 per cent at Rs 0.13 crore versus (Sep'23 Rs 0.05 crore).
Operating Profit surged by 126.48 per cent to Rs 10.69 crore as against Rs 4.72 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 42.08 per cent in September quarter.
Interest grew by 25.00 per cent y-o-y to Rs 0.05 crore, while Taxation increased by 153.61 per cent at Rs 2.46 crore (Sep'23 Rs 0.97 crore).