The company reported standalone net profit of Rs 2.02 crore for the quarter ended September 30, 2024 as compared to Rs 0.18 crore in the same period last year, registering a year-on-year growth of 1022.22 per cent.
Net revenue of the company rose two fold by 247.41 per cent at Rs 18.10 crore in July-September quarter of this fiscal as against Rs 5.21 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 223.96 per cent to Rs 14.74 crore from Rs 4.55 crore in year ago period.
Operating Profit surged by 409.09 per cent to Rs 3.36 crore as against Rs 0.66 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 45.84 per cent in September quarter.
Interest grew by 56.00 per cent y-o-y to Rs 0.39 crore, while Taxation increased by 655.56 per cent at Rs 0.68 crore (Sep'23 Rs 0.09 crore).