The company reported standalone net profit of Rs 0.96 crore for the quarter ended December 31, 2024 as compared to Rs 0.67 crore in the same period last year, registering a year-on-year growth of 43.28 per cent.
Net revenue of the company rose substantially by 76.40 per cent at Rs 68.78 crore in October-December quarter of this fiscal as against Rs 38.99 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 89.24 per cent to Rs 61.92 crore from Rs 32.72 crore in year ago period.
Other Income grew by 75.00 per cent at Rs 0.14 crore versus (Dec'23 Rs 0.08 crore).
Operating Profit surged by 9.41 per cent to Rs 6.86 crore as against Rs 6.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 37.97 per cent in December quarter.
Interest grew by 25.29 per cent y-o-y to Rs 4.36 crore, while Taxation decreased by 50.00 per cent at Rs 0.13 crore (Dec'23 Rs 0.26 crore).