The company reported standalone net profit of Rs 0.64 crore for the quarter ended December 31, 2024 as compared to Rs 0.89 crore in the same period last year, registering a year-on-year decline of 28.09 per cent.
Net revenue of the company rose moderately by 8.01 per cent at Rs 55.15 crore in October-December quarter of this fiscal as against Rs 51.06 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 8.01 per cent to Rs 53.51 crore from Rs 49.54 crore in year ago period.
Other Income dipped by 8.33 per cent at Rs 0.44 crore versus (Dec'23 Rs 0.48 crore).
Operating Profit surged by 8.61 per cent to Rs 1.64 crore as against Rs 1.51 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.00 per cent in December quarter.
Interest declined by 25.00 per cent y-o-y to Rs 0.03 crore, while Taxation increased by 85.29 per cent at Rs 0.63 crore (Dec'23 Rs 0.34 crore).