The company reported standalone net profit of Rs 0.34 crore for the quarter ended September 30, 2024 as compared to Rs 0.27 crore in the same period last year, registering a year-on-year growth of 25.93 per cent.
Net revenue of the company rose by 0.67 per cent at Rs 57.32 crore in July-September quarter of this fiscal as against Rs 56.94 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 0.83 per cent to Rs 55.84 crore from Rs 55.38 crore in year ago period.
Other Income dipped by 70.00 per cent at Rs 0.03 crore versus (Sep'23 Rs 0.10 crore).
Operating Profit slipped by 5.13 per cent to Rs 1.48 crore as against Rs 1.56 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5.84 per cent in September quarter.
Interest declined by 18.31 per cent y-o-y to Rs 0.58 crore, while Taxation decreased by 66.67 per cent at Rs 0.04 crore (Sep'23 Rs 0.12 crore).