The company reported standalone net profit of Rs 1.46 crore for the quarter ended December 31, 2024 as compared to Rs 2.03 crore in the same period last year, registering a year-on-year decline of 28.08 per cent.
Net revenue of the company rose substantially by 24.05 per cent at Rs 14.29 crore in October-December quarter of this fiscal as against Rs 11.52 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 37.60 per cent to Rs 11.71 crore from Rs 8.51 crore in year ago period.
Operating Profit slipped by 14.62 per cent to Rs 2.57 crore as against Rs 3.01 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 31.09 per cent in December quarter.
Interest grew by 54.55 per cent y-o-y to Rs 0.68 crore