The company reported standalone net profit of Rs 6.60 crore for the quarter ended December 31, 2024 as compared to Rs 3.29 crore in the same period last year, registering a year-on-year growth of 100.61 per cent.
Net revenue of the company declined marginally by 2.17 per cent at Rs 121.17 crore in October-December quarter of this fiscal as against Rs 123.86 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 7.57 per cent to Rs 106.30 crore from Rs 115.01 crore in year ago period.
Other Income dipped by 5.78 per cent at Rs 1.63 crore versus (Dec'23 Rs 1.73 crore).
Operating Profit surged by 68.02 per cent to Rs 14.87 crore as against Rs 8.85 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 71.85 per cent in December quarter.
Interest grew by 27.43 per cent y-o-y to Rs 3.02 crore, while Taxation increased by 116.33 per cent at Rs 2.12 crore (Dec'23 Rs 0.98 crore).