The company reported standalone net profit of Rs 6.72 crore for the quarter ended September 30, 2024 as compared to Rs 3.77 crore in the same period last year, registering a year-on-year growth of 78.25 per cent.
Net revenue of the company rose substantially by 23.99 per cent at Rs 45.64 crore in July-September quarter of this fiscal as against Rs 36.81 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 15.36 per cent to Rs 35.90 crore from Rs 31.12 crore in year ago period.
Other Income grew by 13.64 per cent at Rs 0.50 crore versus (Sep'23 Rs 0.44 crore).
Operating Profit surged by 71.00 per cent to Rs 9.73 crore as against Rs 5.69 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 37.97 per cent in September quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore, while Taxation increased by 83.33 per cent at Rs 2.31 crore (Sep'23 Rs 1.26 crore).