The company reported standalone net profit of Rs 3.03 crore for the quarter ended December 31, 2024 as compared to Rs 0.98 crore in the same period last year, registering a year-on-year growth of 209.18 per cent.
Net revenue of the company rose marginally by 2.02 per cent at Rs 161.87 crore in October-December quarter of this fiscal as against Rs 158.66 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 2.50 per cent to Rs 158.14 crore from Rs 154.28 crore in year ago period.
Other Income dipped by 12.73 per cent at Rs 0.48 crore versus (Dec'23 Rs 0.55 crore).
Operating Profit slipped by 14.84 per cent to Rs 3.73 crore as against Rs 4.38 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 16.67 per cent in December quarter.
Interest declined by 50.67 per cent y-o-y to Rs 0.74 crore, while Taxation decreased by 187.38 per cent at Rs -0.90 crore (Dec'23 Rs 1.03 crore).