The company reported standalone net profit of Rs 5.42 crore for the quarter ended December 31, 2024 as compared to Rs 2.61 crore in the same period last year, registering a year-on-year growth of 107.66 per cent.
Net revenue of the company rose substantially by 31.75 per cent at Rs 16.64 crore in October-December quarter of this fiscal as against Rs 12.63 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 11.43 per cent to Rs 10.63 crore from Rs 9.54 crore in year ago period.
Other Income grew by 129.31 per cent at Rs 1.33 crore versus (Dec'23 Rs 0.58 crore).
Operating Profit surged by 94.50 per cent to Rs 6.01 crore as against Rs 3.09 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 47.41 per cent in December quarter.
Taxation increased by 89.89 per cent at Rs 1.69 crore (Dec'23 Rs 0.89 crore).