The company reported standalone net profit of Rs 9.61 crore for the quarter ended December 31, 2024 as compared to Rs 7.70 crore in the same period last year, registering a year-on-year growth of 24.81 per cent.
Net revenue of the company rose moderately by 18.66 per cent at Rs 28.30 crore in October-December quarter of this fiscal as against Rs 23.85 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 14.99 per cent to Rs 17.49 crore from Rs 15.21 crore in year ago period.
Other Income grew by 20.75 per cent at Rs 2.91 crore versus (Dec'23 Rs 2.41 crore).
Operating Profit surged by 25.12 per cent to Rs 10.81 crore as against Rs 8.64 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.49 per cent in December quarter.
Interest declined by 20.00 per cent y-o-y to Rs 0.08 crore, while Taxation increased by 28.79 per cent at Rs 3.31 crore (Dec'23 Rs 2.57 crore).