The company reported standalone net profit of Rs 36.64 crore for the quarter ended December 31, 2024 as compared to Rs 0.07 crore in the same period last year, registering a year-on-year growth of 52242.86 per cent.
Net revenue of the company rose three fold by 764.20 per cent at Rs 14.00 crore in October-December quarter of this fiscal as against Rs 1.62 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 37.39 per cent to Rs 4.52 crore from Rs 3.29 crore in year ago period.
Other Income grew by 20.56 per cent at Rs 2.99 crore versus (Dec'23 Rs 2.48 crore).
Operating Profit surged by 668.26 per cent to Rs 9.49 crore as against Rs -1.67 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 165.93 per cent in December quarter.
Interest declined by 87.80 per cent y-o-y to Rs 0.05 crore, while Taxation increased by 0.00 per cent at Rs -25.19 crore (Dec'23 Rs 0.00 crore).