The company reported standalone net profit of Rs 0.67 crore for the quarter ended December 31, 2024 as compared to Rs 0.29 crore in the same period last year, registering a year-on-year growth of 131.03 per cent.
Net revenue of the company rose substantially by 69.18 per cent at Rs 25.31 crore in October-December quarter of this fiscal as against Rs 14.96 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 75.97 per cent to Rs 23.51 crore from Rs 13.36 crore in year ago period.
Operating Profit surged by 12.50 per cent to Rs 1.80 crore as against Rs 1.60 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 33.33 per cent in December quarter.
Interest declined by 20.17 per cent y-o-y to Rs 0.95 crore