The company reported standalone net profit of Rs 3.92 crore for the quarter ended December 31, 2024 as compared to Rs 1.48 crore in the same period last year, registering a year-on-year growth of 164.86 per cent.
Net revenue of the company rose substantially by 46.56 per cent at Rs 33.43 crore in October-December quarter of this fiscal as against Rs 22.81 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 33.85 per cent to Rs 26.69 crore from Rs 19.94 crore in year ago period.
Other Income grew by 114.29 per cent at Rs 0.15 crore versus (Dec'23 Rs 0.07 crore).
Operating Profit surged by 134.84 per cent to Rs 6.74 crore as against Rs 2.87 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 60.38 per cent in December quarter.
Interest grew by 62.65 per cent y-o-y to Rs 1.35 crore, while Taxation increased by 150.00 per cent at Rs 1.30 crore (Dec'23 Rs 0.52 crore).