The company reported standalone net profit of Rs 3.27 crore for the quarter ended December 31, 2024 as compared to Rs 0.05 crore in the same period last year, registering a year-on-year growth of 6440.00 per cent.
Net revenue of the company rose substantially by 20.56 per cent at Rs 83.84 crore in October-December quarter of this fiscal as against Rs 69.54 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 14.50 per cent to Rs 75.88 crore from Rs 66.27 crore in year ago period.
Other Income dipped by 15.73 per cent at Rs 0.75 crore versus (Dec'23 Rs 0.89 crore).
Operating Profit surged by 144.17 per cent to Rs 7.96 crore as against Rs 3.26 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 102.56 per cent in December quarter.
Interest grew by 71.62 per cent y-o-y to Rs 2.54 crore, while Taxation increased by 229.41 per cent at Rs 0.56 crore (Dec'23 Rs 0.17 crore).