The company reported standalone net profit of Rs 2.91 crore for the quarter ended December 31, 2024 as compared to Rs 0.36 crore in the same period last year, registering a year-on-year growth of 708.33 per cent.
Net revenue of the company rose triple digit by 119.40 per cent at Rs 47.83 crore in October-December quarter of this fiscal as against Rs 21.80 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 103.94 per cent to Rs 43.50 crore from Rs 21.33 crore in year ago period.
Other Income grew by 133.33 per cent at Rs 0.07 crore versus (Dec'23 Rs 0.03 crore).
Operating Profit surged by 843.48 per cent to Rs 4.34 crore as against Rs 0.46 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 325.35 per cent in December quarter.
Interest grew by 300.00 per cent y-o-y to Rs 0.08 crore, while Taxation increased by 716.67 per cent at Rs 0.98 crore (Dec'23 Rs 0.12 crore).