The company reported standalone net profit of Rs 12.86 crore for the quarter ended December 31, 2024 as compared to Rs 9.36 crore in the same period last year, registering a year-on-year growth of 37.39 per cent.
Net revenue of the company rose moderately by 9.64 per cent at Rs 20.59 crore in October-December quarter of this fiscal as against Rs 18.78 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 11.05 per cent to Rs 3.82 crore from Rs 3.44 crore in year ago period.
Other Income grew by 100.00 per cent at Rs 0.02 crore versus (Dec'23 Rs 0.01 crore).
Operating Profit surged by 9.32 per cent to Rs 16.77 crore as against Rs 15.34 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.28 per cent in December quarter.
Taxation decreased by 40.21 per cent at Rs 3.36 crore (Dec'23 Rs 5.62 crore).