The company reported standalone net profit of Rs 10.06 crore for the quarter ended December 31, 2024 as compared to Rs 1.88 crore in the same period last year, registering a year-on-year growth of 435.11 per cent.
Net revenue of the company rose two fold by 201.36 per cent at Rs 42.19 crore in October-December quarter of this fiscal as against Rs 14.00 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 157.46 per cent to Rs 24.69 crore from Rs 9.59 crore in year ago period.
Other Income grew by 260.00 per cent at Rs 1.08 crore versus (Dec'23 Rs 0.30 crore).
Operating Profit surged by 297.05 per cent to Rs 17.51 crore as against Rs 4.41 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 31.63 per cent in December quarter.
Interest grew by 345.90 per cent y-o-y to Rs 2.72 crore, while Taxation increased by 325.00 per cent at Rs 3.57 crore (Dec'23 Rs 0.84 crore).