The company reported standalone net profit of Rs 9.00 crore for the quarter ended December 31, 2024 as compared to Rs 6.88 crore in the same period last year, registering a year-on-year growth of 30.81 per cent.
Net revenue of the company rose substantially by 67.49 per cent at Rs 127.86 crore in October-December quarter of this fiscal as against Rs 76.34 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 75.69 per cent to Rs 117.92 crore from Rs 67.12 crore in year ago period.
Other Income grew by 421.43 per cent at Rs 0.73 crore versus (Dec'23 Rs 0.14 crore).
Operating Profit surged by 7.81 per cent to Rs 9.94 crore as against Rs 9.22 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 35.68 per cent in December quarter.
Interest grew by 33.33 per cent y-o-y to Rs 1.32 crore, while Taxation decreased by 88.29 per cent at Rs 0.13 crore (Dec'23 Rs 1.11 crore).