The company reported standalone net profit of Rs 2.02 crore for the quarter ended December 31, 2024 as compared to Rs 1.77 crore in the same period last year, registering a year-on-year growth of 14.12 per cent.
Net revenue of the company rose marginally by 4.53 per cent at Rs 63.00 crore in October-December quarter of this fiscal as against Rs 60.27 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 3.24 per cent to Rs 55.73 crore from Rs 53.98 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.03 crore versus (Dec'23 Rs 0.03 crore).
Operating Profit surged by 15.58 per cent to Rs 7.27 crore as against Rs 6.29 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 10.54 per cent in December quarter.
Interest declined by 3.50 per cent y-o-y to Rs 2.76 crore, while Taxation increased by 105.26 per cent at Rs 0.78 crore (Dec'23 Rs 0.38 crore).