The company reported standalone net profit of Rs 0.43 crore for the quarter ended December 31, 2024 as compared to Rs 0.24 crore in the same period last year, registering a year-on-year growth of 79.17 per cent.
Net revenue of the company rose substantially by 21.47 per cent at Rs 14.71 crore in October-December quarter of this fiscal as against Rs 12.11 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 20.35 per cent to Rs 13.60 crore from Rs 11.30 crore in year ago period.
Other Income grew by 37.50 per cent at Rs 0.11 crore versus (Dec'23 Rs 0.08 crore).
Operating Profit surged by 38.75 per cent to Rs 1.11 crore as against Rs 0.80 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 13.83 per cent in December quarter.
Interest grew by 42.86 per cent y-o-y to Rs 0.20 crore, while Taxation increased by 36.36 per cent at Rs 0.15 crore (Dec'23 Rs 0.11 crore).