The company reported standalone net profit of Rs 13.56 crore for the quarter ended December 31, 2024 as compared to Rs 11.30 crore in the same period last year, registering a year-on-year growth of 20.00 per cent.
Net revenue of the company rose moderately by 15.65 per cent at Rs 38.87 crore in October-December quarter of this fiscal as against Rs 33.61 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 13.63 per cent to Rs 20.17 crore from Rs 17.75 crore in year ago period.
Other Income grew by 43.02 per cent at Rs 1.23 crore versus (Dec'23 Rs 0.86 crore).
Operating Profit surged by 17.84 per cent to Rs 18.69 crore as against Rs 15.86 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1.93 per cent in December quarter.
Interest grew by 11.11 per cent y-o-y to Rs 0.10 crore, while Taxation increased by 24.87 per cent at Rs 4.77 crore (Dec'23 Rs 3.82 crore).