The company reported standalone net profit of Rs 0.48 crore for the quarter ended September 30, 2024 as compared to Rs 0.41 crore in the same period last year, registering a year-on-year growth of 17.07 per cent.
Net revenue of the company rose moderately by 10.04 per cent at Rs 18.42 crore in July-September quarter of this fiscal as against Rs 16.74 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 8.08 per cent to Rs 17.12 crore from Rs 15.84 crore in year ago period.
Other Income dipped by 25.00 per cent at Rs 0.18 crore versus (Sep'23 Rs 0.24 crore).
Operating Profit surged by 44.44 per cent to Rs 1.30 crore as against Rs 0.90 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 30.86 per cent in September quarter.
Interest grew by 47.22 per cent y-o-y to Rs 0.53 crore, while Taxation decreased by 7.14 per cent at Rs 0.13 crore (Sep'23 Rs 0.14 crore).