The company reported standalone net profit of Rs 8.86 crore for the quarter ended December 31, 2024 as compared to Rs 0.91 crore in the same period last year, registering a year-on-year growth of 873.63 per cent.
Net revenue of the company rose triple digit by 131.68 per cent at Rs 127.26 crore in October-December quarter of this fiscal as against Rs 54.93 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 113.88 per cent to Rs 114.79 crore from Rs 53.67 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.02 crore versus (Dec'23 Rs 0.00 crore).
Operating Profit surged by 889.68 per cent to Rs 12.47 crore as against Rs 1.26 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 327.95 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.03 crore, while Taxation increased by 834.29 per cent at Rs 3.27 crore (Dec'23 Rs 0.35 crore).