The company reported standalone net profit of Rs 6.89 crore for the quarter ended December 31, 2024 as compared to Rs 4.44 crore in the same period last year, registering a year-on-year growth of 55.18 per cent.
Net revenue of the company rose moderately by 18.33 per cent at Rs 51.00 crore in October-December quarter of this fiscal as against Rs 43.10 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 16.35 per cent to Rs 39.93 crore from Rs 34.32 crore in year ago period.
Other Income dipped by 25.33 per cent at Rs 1.12 crore versus (Dec'23 Rs 1.50 crore).
Operating Profit surged by 37.29 per cent to Rs 12.04 crore as against Rs 8.77 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 15.97 per cent in December quarter.
Interest declined by 38.36 per cent y-o-y to Rs 0.45 crore, while Taxation increased by 59.57 per cent at Rs 2.25 crore (Dec'23 Rs 1.41 crore).