The company reported standalone net profit of Rs 0.21 crore for the quarter ended December 31, 2024 as compared to Rs 0.36 crore in the same period last year, registering a year-on-year decline of 41.67 per cent.
Net revenue of the company rose triple digit by 114.57 per cent at Rs 34.91 crore in October-December quarter of this fiscal as against Rs 16.27 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 120.37 per cent to Rs 34.18 crore from Rs 15.51 crore in year ago period.
Operating Profit slipped by 3.95 per cent to Rs 0.73 crore as against Rs 0.76 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 55.65 per cent in December quarter.
Interest grew by 81.82 per cent y-o-y to Rs 0.40 crore, while Taxation decreased by 47.06 per cent at Rs 0.09 crore (Dec'23 Rs 0.17 crore).