The company reported standalone net profit of Rs 2.79 crore for the quarter ended December 31, 2024 as compared to Rs 0.89 crore in the same period last year, registering a year-on-year growth of 213.48 per cent.
Net revenue of the company rose two fold by 259.42 per cent at Rs 41.19 crore in October-December quarter of this fiscal as against Rs 11.46 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 250.16 per cent to Rs 32.81 crore from Rs 9.37 crore in year ago period.
Other Income dipped by 26.32 per cent at Rs 0.14 crore versus (Dec'23 Rs 0.19 crore).
Operating Profit surged by 298.57 per cent to Rs 8.37 crore as against Rs 2.10 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 11.15 per cent in December quarter.
Interest grew by 688.57 per cent y-o-y to Rs 2.76 crore, while Taxation increased by 200.00 per cent at Rs 0.90 crore (Dec'23 Rs 0.30 crore).