The company reported standalone net profit of Rs 5.71 crore for the quarter ended December 31, 2024 as compared to Rs 4.37 crore in the same period last year, registering a year-on-year growth of 30.66 per cent.
Net revenue of the company rose substantially by 24.41 per cent at Rs 29.97 crore in October-December quarter of this fiscal as against Rs 24.09 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 20.63 per cent to Rs 23.80 crore from Rs 19.73 crore in year ago period.
Other Income grew by 15.79 per cent at Rs 1.98 crore versus (Dec'23 Rs 1.71 crore).
Operating Profit surged by 41.51 per cent to Rs 6.17 crore as against Rs 4.36 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 13.88 per cent in December quarter.
Taxation increased by 49.32 per cent at Rs 2.18 crore (Dec'23 Rs 1.46 crore).