The company reported standalone net profit of Rs 0.16 crore for the quarter ended December 31, 2024 as compared to Rs 0.55 crore in the same period last year, registering a year-on-year decline of 70.91 per cent.
Net revenue of the company rose substantially by 33.18 per cent at Rs 20.43 crore in October-December quarter of this fiscal as against Rs 15.34 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 40.54 per cent to Rs 19.83 crore from Rs 14.11 crore in year ago period.
Operating Profit slipped by 52.42 per cent to Rs 0.59 crore as against Rs 1.24 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 63.85 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.02 crore, while Taxation decreased by 77.78 per cent at Rs 0.06 crore (Dec'23 Rs 0.27 crore).