The company reported standalone net profit of Rs 24.27 crore for the quarter ended December 31, 2024 as compared to Rs 16.61 crore in the same period last year, registering a year-on-year growth of 46.12 per cent.
Net revenue of the company rose moderately by 13.75 per cent at Rs 134.64 crore in October-December quarter of this fiscal as against Rs 118.37 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 17.66 per cent to Rs 107.62 crore from Rs 91.47 crore in year ago period.
Other Income grew by 912.00 per cent at Rs 2.53 crore versus (Dec'23 Rs 0.25 crore).
Operating Profit surged by 0.45 per cent to Rs 27.02 crore as against Rs 26.90 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 11.66 per cent in December quarter.
Interest grew by 176.19 per cent y-o-y to Rs 0.58 crore, while Taxation increased by 19.26 per cent at Rs 8.05 crore (Dec'23 Rs 6.75 crore).