The company reported standalone net profit of Rs 3.29 crore for the quarter ended December 31, 2024 as compared to Rs 1.62 crore in the same period last year, registering a year-on-year growth of 103.09 per cent.
Net revenue of the company rose substantially by 63.86 per cent at Rs 145.10 crore in October-December quarter of this fiscal as against Rs 88.55 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 61.46 per cent to Rs 139.42 crore from Rs 86.35 crore in year ago period.
Other Income dipped by 80.75 per cent at Rs 0.31 crore versus (Dec'23 Rs 1.61 crore).
Operating Profit surged by 158.18 per cent to Rs 5.68 crore as against Rs 2.20 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 58.06 per cent in December quarter.
Interest grew by 2.60 per cent y-o-y to Rs 0.79 crore, while Taxation increased by 84.21 per cent at Rs 1.05 crore (Dec'23 Rs 0.57 crore).