The company reported standalone net profit of Rs 0.20 crore for the quarter ended September 30, 2024 as compared to Rs 0.16 crore in the same period last year, registering a year-on-year growth of 25.00 per cent.
Net revenue of the company rose substantially by 50.90 per cent at Rs 37.09 crore in July-September quarter of this fiscal as against Rs 24.58 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 51.21 per cent to Rs 36.79 crore from Rs 24.33 crore in year ago period.
Other Income grew by 100.00 per cent at Rs 0.02 crore versus (Sep'23 Rs 0.01 crore).
Operating Profit surged by 15.38 per cent to Rs 0.30 crore as against Rs 0.26 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 23.81 per cent in September quarter.
Taxation increased by 33.33 per cent at Rs 0.08 crore (Sep'23 Rs 0.06 crore).