The company reported standalone net profit of Rs 0.89 crore for the quarter ended December 31, 2024 as compared to Rs 0.83 crore in the same period last year, registering a year-on-year growth of 7.23 per cent.
Net revenue of the company declined moderately by 17.77 per cent at Rs 110.53 crore in October-December quarter of this fiscal as against Rs 134.42 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 17.82 per cent to Rs 107.06 crore from Rs 130.27 crore in year ago period.
Operating Profit slipped by 16.39 per cent to Rs 3.47 crore as against Rs 4.15 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1.62 per cent in December quarter.
Interest declined by 31.34 per cent y-o-y to Rs 1.49 crore