The company reported standalone net profit of Rs 5.75 crore for the quarter ended December 31, 2024 as compared to Rs 4.38 crore in the same period last year, registering a year-on-year growth of 31.28 per cent.
Net revenue of the company rose substantially by 22.46 per cent at Rs 117.10 crore in October-December quarter of this fiscal as against Rs 95.62 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 22.18 per cent to Rs 107.76 crore from Rs 88.20 crore in year ago period.
Other Income grew by 16.98 per cent at Rs 1.24 crore versus (Dec'23 Rs 1.06 crore).
Operating Profit surged by 25.88 per cent to Rs 9.34 crore as against Rs 7.42 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.71 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 1.08 crore, while Taxation increased by 58.40 per cent at Rs 1.98 crore (Dec'23 Rs 1.25 crore).