The company reported standalone net profit of Rs 5.57 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 27.17 per cent.
Net revenue of the company rose substantially by 24.75 per cent at Rs 23.99 crore in October-December quarter of this fiscal as against Rs 19.23 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 24.55 per cent to Rs 16.59 crore from Rs 13.32 crore in year ago period.
Other Income grew by 50.00 per cent at Rs 0.24 crore versus (Dec'23 Rs 0.16 crore).
Operating Profit surged by 25.21 per cent to Rs 7.40 crore as against Rs 5.91 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.36 per cent in December quarter.
Interest declined by 66.67 per cent y-o-y to Rs 0.02 crore, while Taxation increased by 27.21 per cent at Rs 1.87 crore (Dec'23 Rs 1.47 crore).