The company reported standalone net profit of Rs 136.21 crore for the quarter ended September 30, 2024 as compared to Rs 2.90 crore in the same period last year, registering a year-on-year growth of 4596.90 per cent.
Net revenue of the company rose substantially by 23.08 per cent at Rs 5.60 crore in July-September quarter of this fiscal as against Rs 4.55 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 10.04 per cent to Rs 4.03 crore from Rs 4.48 crore in year ago period.
Other Income grew by 48030.56 per cent at Rs 173.27 crore versus (Sep'23 Rs 0.36 crore).
Operating Profit surged by 2142.86 per cent to Rs 1.57 crore as against Rs 0.07 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1720.78 per cent in September quarter.
Interest grew by 5077.78 per cent y-o-y to Rs 23.30 crore