The company reported standalone net profit of Rs 7.59 crore for the quarter ended December 31, 2024 as compared to Rs 5.52 crore in the same period last year, registering a year-on-year growth of 37.50 per cent.
Net revenue of the company rose substantially by 22.57 per cent at Rs 306.39 crore in October-December quarter of this fiscal as against Rs 249.98 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 22.30 per cent to Rs 287.81 crore from Rs 235.34 crore in year ago period.
Other Income dipped by 55.17 per cent at Rs 0.65 crore versus (Dec'23 Rs 1.45 crore).
Operating Profit surged by 26.91 per cent to Rs 18.58 crore as against Rs 14.64 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 3.41 per cent in December quarter.
Interest grew by 3.13 per cent y-o-y to Rs 2.31 crore, while Taxation increased by 31.22 per cent at Rs 2.69 crore (Dec'23 Rs 2.05 crore).