The company reported standalone net profit of Rs 2.03 crore for the quarter ended September 30, 2024 as compared to Rs 1.94 crore in the same period last year, registering a year-on-year growth of 4.64 per cent.
Net revenue of the company rose substantially by 35.19 per cent at Rs 86.82 crore in July-September quarter of this fiscal as against Rs 64.22 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 35.89 per cent to Rs 83.72 crore from Rs 61.61 crore in year ago period.
Other Income dipped by 50.00 per cent at Rs 0.08 crore versus (Sep'23 Rs 0.16 crore).
Operating Profit surged by 18.77 per cent to Rs 3.10 crore as against Rs 2.61 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 12.29 per cent in September quarter.
Interest grew by 900.00 per cent y-o-y to Rs 0.10 crore, while Taxation increased by 28.36 per cent at Rs 0.86 crore (Sep'23 Rs 0.67 crore).