The company reported standalone net profit of Rs 0.07 crore for the quarter ended December 31, 2024 as compared to Rs 0.17 crore in the same period last year, registering a year-on-year decline of 58.82 per cent.
Net revenue of the company rose substantially by 28.95 per cent at Rs 37.59 crore in October-December quarter of this fiscal as against Rs 29.15 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 29.28 per cent to Rs 36.60 crore from Rs 28.31 crore in year ago period.
Other Income dipped by 18.18 per cent at Rs 0.09 crore versus (Dec'23 Rs 0.11 crore).
Operating Profit surged by 16.67 per cent to Rs 0.98 crore as against Rs 0.84 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 9.66 per cent in December quarter.
Interest grew by 13.33 per cent y-o-y to Rs 0.34 crore, while Taxation increased by 106.25 per cent at Rs 0.01 crore (Dec'23 Rs -0.16 crore).