The company reported standalone net profit of Rs 0.46 crore for the quarter ended December 31, 2024 as compared to Rs 0.14 crore in the same period last year, registering a year-on-year growth of 228.57 per cent.
Net revenue of the company rose substantially by 59.73 per cent at Rs 29.23 crore in October-December quarter of this fiscal as against Rs 18.30 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 49.74 per cent to Rs 25.65 crore from Rs 17.13 crore in year ago period.
Other Income dipped by 30.97 per cent at Rs 0.78 crore versus (Dec'23 Rs 1.13 crore).
Operating Profit surged by 208.62 per cent to Rs 3.58 crore as against Rs 1.16 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 92.76 per cent in December quarter.
Interest declined by 13.31 per cent y-o-y to Rs 2.28 crore