The company reported standalone net profit of Rs 10.09 crore for the quarter ended December 31, 2024 as compared to Rs 8.22 crore in the same period last year, registering a year-on-year growth of 22.75 per cent.
Net revenue of the company declined by 0.29 per cent at Rs 52.18 crore in October-December quarter of this fiscal as against Rs 52.33 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 2.78 per cent to Rs 41.61 crore from Rs 42.80 crore in year ago period.
Other Income grew by 21.29 per cent at Rs 3.02 crore versus (Dec'23 Rs 2.49 crore).
Operating Profit surged by 19.85 per cent to Rs 11.41 crore as against Rs 9.52 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 20.11 per cent in December quarter.
Interest declined by 71.43 per cent y-o-y to Rs 0.04 crore, while Taxation increased by 27.78 per cent at Rs 3.45 crore (Dec'23 Rs 2.70 crore).