The company reported standalone net profit of Rs 2.55 crore for the quarter ended September 30, 2024 as compared to Rs 1.90 crore in the same period last year, registering a year-on-year growth of 34.21 per cent.
Net revenue of the company rose substantially by 20.84 per cent at Rs 10.38 crore in July-September quarter of this fiscal as against Rs 8.59 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 9.10 per cent to Rs 7.43 crore from Rs 6.81 crore in year ago period.
Other Income dipped by 23.61 per cent at Rs 0.55 crore versus (Sep'23 Rs 0.72 crore).
Operating Profit surged by 66.67 per cent to Rs 2.95 crore as against Rs 1.77 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 37.42 per cent in September quarter.
Taxation increased by 39.22 per cent at Rs 0.71 crore (Sep'23 Rs 0.51 crore).