The company reported standalone net profit of Rs 3.13 crore for the quarter ended December 31, 2024 as compared to Rs 2.83 crore in the same period last year, registering a year-on-year growth of 10.60 per cent.
Net revenue of the company rose moderately by 19.30 per cent at Rs 53.10 crore in October-December quarter of this fiscal as against Rs 44.51 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 20.98 per cent to Rs 48.03 crore from Rs 39.70 crore in year ago period.
Other Income grew by 3150.00 per cent at Rs 0.65 crore versus (Dec'23 Rs 0.02 crore).
Operating Profit surged by 5.63 per cent to Rs 5.07 crore as against Rs 4.80 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 11.49 per cent in December quarter.
Interest grew by 48.65 per cent y-o-y to Rs 0.55 crore, while Taxation increased by 24.32 per cent at Rs 1.84 crore (Dec'23 Rs 1.48 crore).