The company reported standalone net profit of Rs 1.40 crore for the quarter ended December 31, 2024 as compared to Rs 0.95 crore in the same period last year, registering a year-on-year growth of 47.37 per cent.
Net revenue of the company rose moderately by 7.43 per cent at Rs 64.09 crore in October-December quarter of this fiscal as against Rs 59.66 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 7.83 per cent to Rs 61.12 crore from Rs 56.68 crore in year ago period.
Other Income grew by 142.86 per cent at Rs 0.17 crore versus (Dec'23 Rs 0.07 crore).
Operating Profit slipped by 0.34 per cent to Rs 2.97 crore as against Rs 2.98 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 7.01 per cent in December quarter.
Interest declined by 43.44 per cent y-o-y to Rs 0.69 crore, while Taxation increased by 123.81 per cent at Rs 0.47 crore (Dec'23 Rs 0.21 crore).