The company reported standalone net profit of Rs 1.22 crore for the quarter ended December 31, 2024 as compared to Rs 0.31 crore in the same period last year, registering a year-on-year growth of 293.55 per cent.
Net revenue of the company rose moderately by 12.53 per cent at Rs 89.82 crore in October-December quarter of this fiscal as against Rs 79.82 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 11.75 per cent to Rs 85.78 crore from Rs 76.76 crore in year ago period.
Other Income grew by 23.08 per cent at Rs 0.32 crore versus (Dec'23 Rs 0.26 crore).
Operating Profit surged by 32.79 per cent to Rs 4.05 crore as against Rs 3.05 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 17.75 per cent in December quarter.
Interest grew by 3.74 per cent y-o-y to Rs 1.94 crore, while Taxation decreased by 109.09 per cent at Rs -0.02 crore (Dec'23 Rs 0.22 crore).