The company reported standalone net profit of Rs 23.52 crore for the quarter ended December 31, 2024 as compared to Rs 12.74 crore in the same period last year, registering a year-on-year growth of 84.62 per cent.
Net revenue of the company rose triple digit by 136.81 per cent at Rs 187.58 crore in October-December quarter of this fiscal as against Rs 79.21 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 112.15 per cent to Rs 150.69 crore from Rs 71.03 crore in year ago period.
Other Income grew by 444.44 per cent at Rs 0.49 crore versus (Dec'23 Rs 0.09 crore).
Operating Profit surged by 350.98 per cent to Rs 36.89 crore as against Rs 8.18 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 90.42 per cent in December quarter.
Interest grew by 42.96 per cent y-o-y to Rs 2.03 crore, while Taxation increased by 145.86 per cent at Rs 8.90 crore (Dec'23 Rs 3.62 crore).