The company reported standalone net profit of Rs 15.22 crore for the quarter ended December 31, 2024 as compared to Rs 9.87 crore in the same period last year, registering a year-on-year growth of 54.20 per cent.
Net revenue of the company declined marginally by 1.73 per cent at Rs 14.16 crore in October-December quarter of this fiscal as against Rs 14.41 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 84.69 per cent to Rs 0.15 crore from Rs 0.98 crore in year ago period.
Other Income grew by 15650.00 per cent at Rs 3.15 crore versus (Dec'23 Rs 0.02 crore).
Operating Profit surged by 4.32 per cent to Rs 14.01 crore as against Rs 13.43 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.16 per cent in December quarter.
Taxation decreased by 46.09 per cent at Rs 1.93 crore (Dec'23 Rs 3.58 crore).