The company reported standalone net profit of Rs 2.15 crore for the quarter ended December 31, 2024 as compared to Rs 1.50 crore in the same period last year, registering a year-on-year growth of 43.33 per cent.
Net revenue of the company rose substantially by 70.09 per cent at Rs 70.01 crore in October-December quarter of this fiscal as against Rs 41.16 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 70.85 per cent to Rs 66.92 crore from Rs 39.17 crore in year ago period.
Other Income dipped by 65.88 per cent at Rs 0.29 crore versus (Dec'23 Rs 0.85 crore).
Operating Profit surged by 55.28 per cent to Rs 3.09 crore as against Rs 1.99 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 8.70 per cent in December quarter.
Interest grew by 40.63 per cent y-o-y to Rs 0.45 crore, while Taxation decreased by 49.02 per cent at Rs 0.26 crore (Dec'23 Rs 0.51 crore).