The company reported standalone net profit of Rs 9.79 crore for the quarter ended December 31, 2024 as compared to Rs 5.53 crore in the same period last year, registering a year-on-year growth of 77.03 per cent.
Net revenue of the company rose substantially by 65.41 per cent at Rs 97.59 crore in October-December quarter of this fiscal as against Rs 59.00 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 57.57 per cent to Rs 85.72 crore from Rs 54.40 crore in year ago period.
Other Income dipped by 6.81 per cent at Rs 3.83 crore versus (Dec'23 Rs 4.11 crore).
Operating Profit surged by 158.04 per cent to Rs 11.87 crore as against Rs 4.60 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 55.90 per cent in December quarter.
Interest declined by 25.00 per cent y-o-y to Rs 0.12 crore, while Taxation increased by 78.19 per cent at Rs 3.35 crore (Dec'23 Rs 1.88 crore).