The company reported standalone net profit of Rs 0.54 crore for the quarter ended September 30, 2024 as compared to Rs 0.53 crore in the same period last year, registering a year-on-year growth of 1.89 per cent.
Net revenue of the company rose moderately by 9.48 per cent at Rs 18.82 crore in July-September quarter of this fiscal as against Rs 17.19 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 9.52 per cent to Rs 17.71 crore from Rs 16.17 crore in year ago period.
Operating Profit surged by 7.77 per cent to Rs 1.11 crore as against Rs 1.03 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.67 per cent in September quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.03 crore, while Taxation increased by 0.00 per cent at Rs 0.18 crore (Sep'23 Rs 0.18 crore).