The company reported standalone net profit of Rs 10.52 crore for the quarter ended December 31, 2024 as compared to Rs 10.22 crore in the same period last year, registering a year-on-year growth of 2.94 per cent.
Net revenue of the company rose moderately by 14.82 per cent at Rs 175.50 crore in October-December quarter of this fiscal as against Rs 152.85 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 8.01 per cent to Rs 157.58 crore from Rs 145.89 crore in year ago period.
Other Income dipped by 68.09 per cent at Rs 4.71 crore versus (Dec'23 Rs 14.76 crore).
Operating Profit surged by 157.47 per cent to Rs 17.92 crore as against Rs 6.96 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 124.40 per cent in December quarter.
Interest grew by 32.83 per cent y-o-y to Rs 7.00 crore, while Taxation decreased by 50.00 per cent at Rs 1.00 crore (Dec'23 Rs 2.00 crore).