The company reported standalone net profit of Rs 0.41 crore for the quarter ended September 30, 2024 as compared to Rs 0.29 crore in the same period last year, registering a year-on-year growth of 41.38 per cent.
Net revenue of the company rose by 0.55 per cent at Rs 23.91 crore in July-September quarter of this fiscal as against Rs 23.78 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 0.66 per cent to Rs 22.62 crore from Rs 22.77 crore in year ago period.
Operating Profit surged by 28.00 per cent to Rs 1.28 crore as against Rs 1.00 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 27.55 per cent in September quarter.
Interest declined by 16.98 per cent y-o-y to Rs 0.44 crore, while Taxation increased by 240.00 per cent at Rs 0.34 crore (Sep'23 Rs 0.10 crore).