The company reported standalone net profit of Rs 6.63 crore for the quarter ended December 31, 2024 as compared to Rs 4.76 crore in the same period last year, registering a year-on-year growth of 39.29 per cent.
Net revenue of the company rose substantially by 46.08 per cent at Rs 37.98 crore in October-December quarter of this fiscal as against Rs 26.00 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 46.17 per cent to Rs 30.14 crore from Rs 20.62 crore in year ago period.
Other Income grew by 1.56 per cent at Rs 1.30 crore versus (Dec'23 Rs 1.28 crore).
Operating Profit surged by 45.91 per cent to Rs 7.85 crore as against Rs 5.38 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.14 per cent in December quarter.
Interest declined by 75.00 per cent y-o-y to Rs 0.02 crore, while Taxation increased by 39.38 per cent at Rs 2.23 crore (Dec'23 Rs 1.60 crore).