The company reported standalone net profit of Rs 6.29 crore for the quarter ended December 31, 2024 as compared to Rs 0.48 crore in the same period last year, registering a year-on-year growth of 1210.42 per cent.
Net revenue of the company rose substantially by 62.55 per cent at Rs 47.92 crore in October-December quarter of this fiscal as against Rs 29.48 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 46.64 per cent to Rs 37.57 crore from Rs 25.62 crore in year ago period.
Other Income grew by 55.88 per cent at Rs 0.53 crore versus (Dec'23 Rs 0.34 crore).
Operating Profit surged by 168.13 per cent to Rs 10.35 crore as against Rs 3.86 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 65.06 per cent in December quarter.
Interest declined by 4.51 per cent y-o-y to Rs 2.33 crore, while Taxation increased by 800.00 per cent at Rs 1.35 crore (Dec'23 Rs 0.15 crore).