The company reported standalone net profit of Rs 0.84 crore for the quarter ended December 31, 2024 as compared to Rs 0.74 crore in the same period last year, registering a year-on-year growth of 13.51 per cent.
Net revenue of the company rose three fold by 625.86 per cent at Rs 8.42 crore in October-December quarter of this fiscal as against Rs 1.16 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 1370.59 per cent to Rs 7.50 crore from Rs 0.51 crore in year ago period.
Other Income dipped by 61.70 per cent at Rs 0.18 crore versus (Dec'23 Rs 0.47 crore).
Operating Profit surged by 41.54 per cent to Rs 0.92 crore as against Rs 0.65 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 80.38 per cent in December quarter.
Interest declined by 73.33 per cent y-o-y to Rs 0.04 crore, while Taxation increased by 4.76 per cent at Rs 0.22 crore (Dec'23 Rs 0.21 crore).