The company reported standalone net profit of Rs 7.88 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 2617.24 per cent.
Net revenue of the company rose substantially by 46.57 per cent at Rs 118.03 crore in October-December quarter of this fiscal as against Rs 80.53 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 36.63 per cent to Rs 100.30 crore from Rs 73.41 crore in year ago period.
Other Income dipped by 41.79 per cent at Rs 0.39 crore versus (Dec'23 Rs 0.67 crore).
Operating Profit surged by 149.37 per cent to Rs 17.73 crore as against Rs 7.11 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 70.22 per cent in December quarter.
Interest declined by 28.93 per cent y-o-y to Rs 2.53 crore, while Taxation increased by 17250.00 per cent at Rs 3.47 crore (Dec'23 Rs 0.02 crore).