The company reported standalone net profit of Rs 0.27 crore for the quarter ended December 31, 2024 as compared to Rs 0.16 crore in the same period last year, registering a year-on-year growth of 68.75 per cent.
Net revenue of the company rose substantially by 35.59 per cent at Rs 11,473.05 crore in October-December quarter of this fiscal as against Rs 8,461.45 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 35.60 per cent to Rs 11,469.89 crore from Rs 8,458.59 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.49 crore versus (Dec'23 Rs 0.00 crore).
Operating Profit surged by 10.84 per cent to Rs 3.17 crore as against Rs 2.86 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.00 per cent in December quarter.
Interest grew by 30.26 per cent y-o-y to Rs 2.97 crore, while Taxation decreased by 120.00 per cent at Rs -0.01 crore (Dec'23 Rs 0.05 crore).