The company reported standalone net profit of Rs 3.65 crore for the quarter ended December 31, 2024 as compared to Rs 2.16 crore in the same period last year, registering a year-on-year growth of 68.98 per cent.
Net revenue of the company rose substantially by 64.16 per cent at Rs 43.60 crore in October-December quarter of this fiscal as against Rs 26.56 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 65.94 per cent to Rs 38.88 crore from Rs 23.43 crore in year ago period.
Other Income grew by 79.31 per cent at Rs 1.56 crore versus (Dec'23 Rs 0.87 crore).
Operating Profit surged by 50.80 per cent to Rs 4.72 crore as against Rs 3.13 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 8.14 per cent in December quarter.
Interest declined by 76.06 per cent y-o-y to Rs 0.17 crore, while Taxation increased by 133.33 per cent at Rs 2.31 crore (Dec'23 Rs 0.99 crore).