The company reported standalone net profit of Rs 19.25 crore for the quarter ended December 31, 2024 as compared to Rs 17.45 crore in the same period last year, registering a year-on-year growth of 10.32 per cent.
Net revenue of the company rose marginally by 4.92 per cent at Rs 122.75 crore in October-December quarter of this fiscal as against Rs 116.99 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 4.17 per cent to Rs 99.40 crore from Rs 95.42 crore in year ago period.
Other Income grew by 15.96 per cent at Rs 4.36 crore versus (Dec'23 Rs 3.76 crore).
Operating Profit surged by 8.25 per cent to Rs 23.35 crore as against Rs 21.57 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 3.15 per cent in December quarter.
Interest grew by 20.00 per cent y-o-y to Rs 0.06 crore, while Taxation increased by 7.67 per cent at Rs 6.74 crore (Dec'23 Rs 6.26 crore).