The company reported standalone net profit of Rs 1.12 crore for the quarter ended September 30, 2024 as compared to Rs 0.91 crore in the same period last year, registering a year-on-year growth of 23.08 per cent.
Net revenue of the company rose three fold by 403.30 per cent at Rs 4.58 crore in July-September quarter of this fiscal as against Rs 0.91 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 265.77 per cent to Rs 5.45 crore from Rs 1.49 crore in year ago period.
Other Income grew by 35.98 per cent at Rs 2.57 crore versus (Sep'23 Rs 1.89 crore).
Operating Profit surged by 50.00 per cent to Rs -0.87 crore as against Rs -0.58 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 70.25 per cent in September quarter.
Interest grew by 50.00 per cent y-o-y to Rs 0.03 crore, while Taxation increased by 46.15 per cent at Rs 0.38 crore (Sep'23 Rs 0.26 crore).