The company reported standalone net profit of Rs 3.29 crore for the quarter ended December 31, 2024 as compared to Rs 0.94 crore in the same period last year, registering a year-on-year growth of 250.00 per cent.
Net revenue of the company rose substantially by 33.07 per cent at Rs 265.16 crore in October-December quarter of this fiscal as against Rs 199.27 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 32.61 per cent to Rs 262.01 crore from Rs 197.58 crore in year ago period.
Other Income grew by 243.27 per cent at Rs 3.57 crore versus (Dec'23 Rs 1.04 crore).
Operating Profit surged by 87.50 per cent to Rs 3.15 crore as against Rs 1.68 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 40.00 per cent in December quarter.
Interest grew by 80.62 per cent y-o-y to Rs 2.33 crore, while Taxation increased by 159.38 per cent at Rs 0.83 crore (Dec'23 Rs 0.32 crore).