The company reported standalone net profit of Rs 6.08 crore for the quarter ended December 31, 2024 as compared to Rs 3.05 crore in the same period last year, registering a year-on-year growth of 99.34 per cent.
Net revenue of the company rose substantially by 22.90 per cent at Rs 32.79 crore in October-December quarter of this fiscal as against Rs 26.68 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 2.56 per cent to Rs 22.46 crore from Rs 21.90 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.03 crore versus (Dec'23 Rs 0.00 crore).
Operating Profit surged by 116.32 per cent to Rs 10.34 crore as against Rs 4.78 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 76.09 per cent in December quarter.
Interest grew by 75.49 per cent y-o-y to Rs 1.79 crore, while Taxation increased by 436.59 per cent at Rs 2.20 crore (Dec'23 Rs 0.41 crore).