The company reported standalone net profit of Rs 5.93 crore for the quarter ended December 31, 2024 as compared to Rs 0.42 crore in the same period last year, registering a year-on-year growth of 1311.90 per cent.
Net revenue of the company rose three fold by 26404.35 per cent at Rs 60.96 crore in October-December quarter of this fiscal as against Rs 0.23 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 10032.08 per cent to Rs 53.70 crore from Rs 0.53 crore in year ago period.
Other Income grew by 3675.00 per cent at Rs 1.51 crore versus (Dec'23 Rs 0.04 crore).
Operating Profit surged by 2520.00 per cent to Rs 7.26 crore as against Rs -0.30 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 109.18 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.56 crore, while Taxation increased by 0.00 per cent at Rs 1.61 crore (Dec'23 Rs 0.00 crore).