The company reported standalone net profit of Rs 0.29 crore for the quarter ended December 31, 2024 as compared to Rs 0.25 crore in the same period last year, registering a year-on-year growth of 16.00 per cent.
Net revenue of the company rose marginally by 2.83 per cent at Rs 59.49 crore in October-December quarter of this fiscal as against Rs 57.85 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 2.69 per cent to Rs 57.72 crore from Rs 56.21 crore in year ago period.
Other Income grew by 111.11 per cent at Rs 0.19 crore versus (Dec'23 Rs 0.09 crore).
Operating Profit surged by 7.93 per cent to Rs 1.77 crore as against Rs 1.64 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.30 per cent in December quarter.
Interest grew by 22.43 per cent y-o-y to Rs 1.31 crore, while Taxation increased by 15.38 per cent at Rs 0.15 crore (Dec'23 Rs 0.13 crore).