The company reported standalone net profit of Rs 10.07 crore for the quarter ended December 31, 2024 as compared to Rs 6.44 crore in the same period last year, registering a year-on-year growth of 56.37 per cent.
Net revenue of the company rose moderately by 8.81 per cent at Rs 34.32 crore in October-December quarter of this fiscal as against Rs 31.54 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 3.85 per cent to Rs 20.97 crore from Rs 21.81 crore in year ago period.
Other Income grew by 175.00 per cent at Rs 0.55 crore versus (Dec'23 Rs 0.20 crore).
Operating Profit surged by 37.20 per cent to Rs 13.35 crore as against Rs 9.73 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 26.02 per cent in December quarter.
Interest grew by 40.00 per cent y-o-y to Rs 0.42 crore, while Taxation increased by 19.40 per cent at Rs 2.77 crore (Dec'23 Rs 2.32 crore).