The company reported standalone net profit of Rs 1.12 crore for the quarter ended December 31, 2024 as compared to Rs 1.07 crore in the same period last year, registering a year-on-year growth of 4.67 per cent.
Net revenue of the company declined moderately by 14.21 per cent at Rs 30.55 crore in October-December quarter of this fiscal as against Rs 35.61 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 15.37 per cent to Rs 28.69 crore from Rs 33.90 crore in year ago period.
Other Income dipped by 92.31 per cent at Rs 0.01 crore versus (Dec'23 Rs 0.13 crore).
Operating Profit surged by 8.77 per cent to Rs 1.86 crore as against Rs 1.71 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 26.67 per cent in December quarter.
Interest declined by 11.11 per cent y-o-y to Rs 0.24 crore, while Taxation increased by 0.00 per cent at Rs 0.02 crore (Dec'23 Rs 0.02 crore).