The company reported standalone net profit of Rs 6.17 crore for the quarter ended September 30, 2024 as compared to Rs 3.52 crore in the same period last year, registering a year-on-year growth of 75.28 per cent.
Net revenue of the company rose substantially by 29.69 per cent at Rs 19.00 crore in July-September quarter of this fiscal as against Rs 14.65 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 8.33 per cent to Rs 11.32 crore from Rs 10.45 crore in year ago period.
Other Income grew by 8.57 per cent at Rs 0.76 crore versus (Sep'23 Rs 0.70 crore).
Operating Profit surged by 82.42 per cent to Rs 7.68 crore as against Rs 4.21 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 40.79 per cent in September quarter.
Taxation increased by 71.43 per cent at Rs 2.04 crore (Sep'23 Rs 1.19 crore).