The company reported standalone net profit of Rs 0.84 crore for the quarter ended December 31, 2024 as compared to Rs 0.53 crore in the same period last year, registering a year-on-year growth of 58.49 per cent.
Net revenue of the company rose substantially by 23.60 per cent at Rs 55.00 crore in October-December quarter of this fiscal as against Rs 44.50 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 24.19 per cent to Rs 51.13 crore from Rs 41.17 crore in year ago period.
Other Income dipped by 61.11 per cent at Rs 0.07 crore versus (Dec'23 Rs 0.18 crore).
Operating Profit surged by 16.22 per cent to Rs 3.87 crore as against Rs 3.33 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5.88 per cent in December quarter.
Interest declined by 9.36 per cent y-o-y to Rs 1.84 crore, while Taxation increased by 88.24 per cent at Rs 0.32 crore (Dec'23 Rs 0.17 crore).