The company reported standalone net profit of Rs 4.26 crore for the quarter ended December 31, 2024 as compared to Rs 11.37 crore in the same period last year, registering a year-on-year decline of 62.53 per cent.
Net revenue of the company rose substantially by 67.04 per cent at Rs 15.10 crore in October-December quarter of this fiscal as against Rs 9.04 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 67.48 per cent to Rs 11.02 crore from Rs 6.58 crore in year ago period.
Other Income dipped by 70.91 per cent at Rs 0.32 crore versus (Dec'23 Rs 1.10 crore).
Operating Profit surged by 66.53 per cent to Rs 4.08 crore as against Rs 2.45 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.48 per cent in December quarter.
Interest declined by 80.56 per cent y-o-y to Rs 0.07 crore