The company reported standalone net profit of Rs 9.01 crore for the quarter ended December 31, 2024 as compared to Rs 5.10 crore in the same period last year, registering a year-on-year growth of 76.67 per cent.
Net revenue of the company rose moderately by 14.66 per cent at Rs 406.96 crore in October-December quarter of this fiscal as against Rs 354.92 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 13.73 per cent to Rs 383.80 crore from Rs 337.46 crore in year ago period.
Other Income dipped by 9.20 per cent at Rs 1.48 crore versus (Dec'23 Rs 1.63 crore).
Operating Profit surged by 32.59 per cent to Rs 23.15 crore as against Rs 17.46 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 15.65 per cent in December quarter.
Interest grew by 36.13 per cent y-o-y to Rs 11.83 crore, while Taxation decreased by 62.41 per cent at Rs 1.03 crore (Dec'23 Rs 2.74 crore).