The company reported standalone net profit of Rs 8.79 crore for the quarter ended December 31, 2024 as compared to Rs 6.86 crore in the same period last year, registering a year-on-year growth of 28.13 per cent.
Net revenue of the company rose moderately by 19.54 per cent at Rs 168.39 crore in October-December quarter of this fiscal as against Rs 140.87 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 18.82 per cent to Rs 151.75 crore from Rs 127.71 crore in year ago period.
Other Income grew by 140.00 per cent at Rs 0.36 crore versus (Dec'23 Rs 0.15 crore).
Operating Profit surged by 26.35 per cent to Rs 16.64 crore as against Rs 13.17 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.67 per cent in December quarter.
Interest grew by 29.56 per cent y-o-y to Rs 2.63 crore, while Taxation increased by 30.04 per cent at Rs 3.03 crore (Dec'23 Rs 2.33 crore).