The company reported standalone net profit of Rs 1.09 crore for the quarter ended December 31, 2024 as compared to Rs 0.31 crore in the same period last year, registering a year-on-year growth of 251.61 per cent.
Net revenue of the company rose substantially by 54.81 per cent at Rs 24.63 crore in October-December quarter of this fiscal as against Rs 15.91 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 51.57 per cent to Rs 23.72 crore from Rs 15.65 crore in year ago period.
Other Income grew by 353.33 per cent at Rs 1.36 crore versus (Dec'23 Rs 0.30 crore).
Operating Profit surged by 250.00 per cent to Rs 0.91 crore as against Rs 0.26 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 123.49 per cent in December quarter.
Interest grew by 7.14 per cent y-o-y to Rs 0.15 crore, while Taxation increased by 758.33 per cent at Rs 1.03 crore (Dec'23 Rs 0.12 crore).