The company reported standalone net profit of Rs 2.09 crore for the quarter ended December 31, 2024 as compared to Rs 0.43 crore in the same period last year, registering a year-on-year growth of 386.05 per cent.
Net revenue of the company rose substantially by 58.33 per cent at Rs 73.37 crore in October-December quarter of this fiscal as against Rs 46.34 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 55.53 per cent to Rs 69.94 crore from Rs 44.97 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.16 crore versus (Dec'23 Rs 0.16 crore).
Operating Profit surged by 150.36 per cent to Rs 3.43 crore as against Rs 1.37 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 58.31 per cent in December quarter.
Interest grew by 3.85 per cent y-o-y to Rs 0.81 crore, while Taxation increased by 0.00 per cent at Rs 0.31 crore (Dec'23 Rs 0.00 crore).