The company reported standalone net profit of Rs 8.89 crore for the quarter ended December 31, 2024 as compared to Rs 4.53 crore in the same period last year, registering a year-on-year growth of 96.25 per cent.
Net revenue of the company declined marginally by 4.25 per cent at Rs 26.15 crore in October-December quarter of this fiscal as against Rs 27.31 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 2.25 per cent to Rs 25.41 crore from Rs 24.85 crore in year ago period.
Other Income grew by 149.29 per cent at Rs 8.80 crore versus (Dec'23 Rs 3.53 crore).
Operating Profit slipped by 69.92 per cent to Rs 0.74 crore as against Rs 2.46 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 68.48 per cent in December quarter.
Interest grew by 233.33 per cent y-o-y to Rs 0.10 crore