The company reported standalone net profit of Rs 2.35 crore for the quarter ended September 30, 2024 as compared to Rs 1.06 crore in the same period last year, registering a year-on-year growth of 121.70 per cent.
Net revenue of the company rose substantially by 30.72 per cent at Rs 152.16 crore in July-September quarter of this fiscal as against Rs 116.40 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 30.57 per cent to Rs 146.49 crore from Rs 112.19 crore in year ago period.
Other Income grew by 38.55 per cent at Rs 2.30 crore versus (Sep'23 Rs 1.66 crore).
Operating Profit surged by 34.68 per cent to Rs 5.67 crore as against Rs 4.21 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 3.32 per cent in September quarter.
Interest grew by 39.38 per cent y-o-y to Rs 4.92 crore