The company reported standalone net profit of Rs 0.35 crore for the quarter ended December 31, 2024 as compared to Rs 0.17 crore in the same period last year, registering a year-on-year growth of 105.88 per cent.
Net revenue of the company rose substantially by 33.99 per cent at Rs 31.18 crore in October-December quarter of this fiscal as against Rs 23.27 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 35.32 per cent to Rs 31.15 crore from Rs 23.02 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.47 crore versus (Dec'23 Rs 0.00 crore).
Operating Profit slipped by 84.00 per cent to Rs 0.04 crore as against Rs 0.25 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 89.72 per cent in December quarter.
Taxation increased by 150.00 per cent at Rs 0.10 crore (Dec'23 Rs 0.04 crore).