The company reported standalone net profit of Rs 1.81 crore for the quarter ended December 31, 2024 as compared to Rs 1.53 crore in the same period last year, registering a year-on-year growth of 18.30 per cent.
Net revenue of the company rose substantially by 81.19 per cent at Rs 20.42 crore in October-December quarter of this fiscal as against Rs 11.27 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 119.07 per cent to Rs 16.08 crore from Rs 7.34 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.05 crore versus (Dec'23 Rs 0.05 crore).
Operating Profit surged by 10.43 per cent to Rs 4.34 crore as against Rs 3.93 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 39.02 per cent in December quarter.
Interest grew by 2.99 per cent y-o-y to Rs 0.69 crore, while Taxation decreased by 30.30 per cent at Rs 0.23 crore (Dec'23 Rs 0.33 crore).