The company reported standalone net profit of Rs 1.00 crore for the quarter ended December 31, 2024 as compared to Rs 0.67 crore in the same period last year, registering a year-on-year growth of 49.25 per cent.
Net revenue of the company rose substantially by 92.38 per cent at Rs 15.66 crore in October-December quarter of this fiscal as against Rs 8.14 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 102.13 per cent to Rs 14.21 crore from Rs 7.03 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.01 crore versus (Dec'23 Rs 0.01 crore).
Operating Profit surged by 31.82 per cent to Rs 1.45 crore as against Rs 1.10 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 31.59 per cent in December quarter.
Interest declined by 47.37 per cent y-o-y to Rs 0.10 crore, while Taxation increased by 47.83 per cent at Rs 0.34 crore (Dec'23 Rs 0.23 crore).