The company reported standalone net profit of Rs 0.29 crore for the quarter ended December 31, 2024 as compared to Rs 0.25 crore in the same period last year, registering a year-on-year growth of 16.00 per cent.
Net revenue of the company rose substantially by 29.67 per cent at Rs 46.89 crore in October-December quarter of this fiscal as against Rs 36.16 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 29.82 per cent to Rs 46.36 crore from Rs 35.71 crore in year ago period.
Operating Profit surged by 17.78 per cent to Rs 0.53 crore as against Rs 0.45 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.40 per cent in December quarter.
Interest grew by 26.67 per cent y-o-y to Rs 0.19 crore, while Taxation decreased by 28.57 per cent at Rs 0.05 crore (Dec'23 Rs 0.07 crore).