The company reported standalone net profit of Rs 10.27 crore for the quarter ended December 31, 2024 as compared to Rs 9.53 crore in the same period last year, registering a year-on-year growth of 7.76 per cent.
Net revenue of the company rose marginally by 4.26 per cent at Rs 57.73 crore in October-December quarter of this fiscal as against Rs 55.37 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 3.22 per cent to Rs 45.90 crore from Rs 44.47 crore in year ago period.
Other Income grew by 6.94 per cent at Rs 3.08 crore versus (Dec'23 Rs 2.88 crore).
Operating Profit surged by 8.53 per cent to Rs 11.83 crore as against Rs 10.90 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.06 per cent in December quarter.
Interest declined by 1.67 per cent y-o-y to Rs 0.59 crore