The company reported standalone net profit of Rs 11.36 crore for the quarter ended December 31, 2024 as compared to Rs 1.54 crore in the same period last year, registering a year-on-year growth of 637.66 per cent.
Net revenue of the company rose two fold by 223.36 per cent at Rs 121.00 crore in October-December quarter of this fiscal as against Rs 37.42 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 198.46 per cent to Rs 104.70 crore from Rs 35.08 crore in year ago period.
Other Income grew by 181.25 per cent at Rs 0.45 crore versus (Dec'23 Rs 0.16 crore).
Operating Profit surged by 596.58 per cent to Rs 16.30 crore as against Rs 2.34 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 115.87 per cent in December quarter.
Interest grew by 742.86 per cent y-o-y to Rs 0.59 crore, while Taxation increased by 634.62 per cent at Rs 3.82 crore (Dec'23 Rs 0.52 crore).