The company reported standalone net profit of Rs 2.94 crore for the quarter ended December 31, 2024 as compared to Rs 1.47 crore in the same period last year, registering a year-on-year growth of 100.00 per cent.
Net revenue of the company rose substantially by 38.83 per cent at Rs 49.66 crore in October-December quarter of this fiscal as against Rs 35.77 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 20.96 per cent to Rs 45.19 crore from Rs 37.36 crore in year ago period.
Other Income dipped by 87.53 per cent at Rs 0.58 crore versus (Dec'23 Rs 4.65 crore).
Operating Profit surged by 381.13 per cent to Rs 4.47 crore as against Rs -1.59 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 302.25 per cent in December quarter.
Interest grew by 30.00 per cent y-o-y to Rs 0.39 crore, while Taxation increased by 16.00 per cent at Rs 0.58 crore (Dec'23 Rs 0.50 crore).