The company reported standalone net profit of Rs 1.43 crore for the quarter ended December 31, 2024 as compared to Rs 0.95 crore in the same period last year, registering a year-on-year growth of 50.53 per cent.
Net revenue of the company rose substantially by 41.13 per cent at Rs 108.74 crore in October-December quarter of this fiscal as against Rs 77.05 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 41.26 per cent to Rs 107.19 crore from Rs 75.88 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.36 crore versus (Dec'23 Rs 0.36 crore).
Operating Profit surged by 33.33 per cent to Rs 1.56 crore as against Rs 1.17 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5.30 per cent in December quarter.
Interest grew by 600.00 per cent y-o-y to Rs 0.07 crore, while Taxation decreased by 29.41 per cent at Rs 0.36 crore (Dec'23 Rs 0.51 crore).