The company reported standalone net profit of Rs 8.73 crore for the quarter ended December 31, 2024 as compared to Rs 3.22 crore in the same period last year, registering a year-on-year growth of 171.12 per cent.
Net revenue of the company rose substantially by 76.47 per cent at Rs 58.27 crore in October-December quarter of this fiscal as against Rs 33.02 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 64.36 per cent to Rs 45.79 crore from Rs 27.86 crore in year ago period.
Other Income grew by 20.00 per cent at Rs 0.06 crore versus (Dec'23 Rs 0.05 crore).
Operating Profit surged by 141.67 per cent to Rs 12.47 crore as against Rs 5.16 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 36.98 per cent in December quarter.
Interest grew by 50.00 per cent y-o-y to Rs 0.06 crore, while Taxation increased by 152.78 per cent at Rs 2.73 crore (Dec'23 Rs 1.08 crore).