The company reported standalone net profit of Rs 7.43 crore for the quarter ended December 31, 2024 as compared to Rs 1.06 crore in the same period last year, registering a year-on-year growth of 600.94 per cent.
Net revenue of the company rose moderately by 14.32 per cent at Rs 99.22 crore in October-December quarter of this fiscal as against Rs 86.79 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 5.77 per cent to Rs 85.82 crore from Rs 81.14 crore in year ago period.
Other Income dipped by 183.33 per cent at Rs -0.10 crore versus (Dec'23 Rs 0.12 crore).
Operating Profit surged by 137.17 per cent to Rs 13.40 crore as against Rs 5.65 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 107.53 per cent in December quarter.
Interest declined by 0.40 per cent y-o-y to Rs 2.49 crore, while Taxation increased by 1050.00 per cent at Rs 1.38 crore (Dec'23 Rs 0.12 crore).