The company reported standalone net profit of Rs 12.79 crore for the quarter ended December 31, 2024 as compared to Rs 6.42 crore in the same period last year, registering a year-on-year growth of 99.22 per cent.
Net revenue of the company rose triple digit by 100.55 per cent at Rs 127.03 crore in October-December quarter of this fiscal as against Rs 63.34 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 98.85 per cent to Rs 112.43 crore from Rs 56.54 crore in year ago period.
Other Income dipped by 12.18 per cent at Rs 3.82 crore versus (Dec'23 Rs 4.35 crore).
Operating Profit surged by 114.71 per cent to Rs 14.60 crore as against Rs 6.80 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 7.08 per cent in December quarter.
Interest declined by 80.56 per cent y-o-y to Rs 0.21 crore, while Taxation increased by 88.53 per cent at Rs 4.11 crore (Dec'23 Rs 2.18 crore).