The company reported standalone net profit of Rs 1.52 crore for the quarter ended December 31, 2024 as compared to Rs 0.84 crore in the same period last year, registering a year-on-year growth of 80.95 per cent.
Net revenue of the company rose moderately by 19.82 per cent at Rs 60.82 crore in October-December quarter of this fiscal as against Rs 50.76 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 17.65 per cent to Rs 55.27 crore from Rs 46.98 crore in year ago period.
Other Income dipped by 95.42 per cent at Rs 0.06 crore versus (Dec'23 Rs 1.31 crore).
Operating Profit surged by 46.83 per cent to Rs 5.55 crore as against Rs 3.78 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 22.42 per cent in December quarter.
Interest declined by 223.26 per cent y-o-y to Rs -1.06 crore, while Taxation increased by 264.71 per cent at Rs 2.48 crore (Dec'23 Rs 0.68 crore).