The company reported standalone net profit of Rs 6.28 crore for the quarter ended September 30, 2024 as compared to Rs 2.05 crore in the same period last year, registering a year-on-year growth of 206.34 per cent.
Net revenue of the company rose two fold by 232.36 per cent at Rs 89.87 crore in July-September quarter of this fiscal as against Rs 27.04 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 236.77 per cent to Rs 80.96 crore from Rs 24.04 crore in year ago period.
Other Income grew by 59.26 per cent at Rs 0.43 crore versus (Sep'23 Rs 0.27 crore).
Operating Profit surged by 197.00 per cent to Rs 8.91 crore as against Rs 3.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.56 per cent in September quarter.
Interest grew by 83.78 per cent y-o-y to Rs 0.68 crore, while Taxation increased by 226.87 per cent at Rs 2.19 crore (Sep'23 Rs 0.67 crore).