The company reported standalone net profit of Rs 2.37 crore for the quarter ended December 31, 2024 as compared to Rs 0.69 crore in the same period last year, registering a year-on-year growth of 243.48 per cent.
Net revenue of the company rose substantially by 65.40 per cent at Rs 20.51 crore in October-December quarter of this fiscal as against Rs 12.40 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 55.90 per cent to Rs 16.65 crore from Rs 10.68 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.86 crore versus (Dec'23 Rs 0.00 crore).
Operating Profit surged by 125.15 per cent to Rs 3.85 crore as against Rs 1.71 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 35.94 per cent in December quarter.
Interest grew by 25.86 per cent y-o-y to Rs 0.73 crore, while Taxation increased by 162.07 per cent at Rs 0.76 crore (Dec'23 Rs 0.29 crore).