The company reported standalone net profit of Rs 2.71 crore for the quarter ended December 31, 2024 as compared to Rs 0.75 crore in the same period last year, registering a year-on-year growth of 261.33 per cent.
Net revenue of the company rose substantially by 69.55 per cent at Rs 34.25 crore in October-December quarter of this fiscal as against Rs 20.20 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 91.13 per cent to Rs 31.46 crore from Rs 16.46 crore in year ago period.
Other Income grew by 143.33 per cent at Rs 0.73 crore versus (Dec'23 Rs 0.30 crore).
Operating Profit slipped by 25.20 per cent to Rs 2.79 crore as against Rs 3.73 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 55.92 per cent in December quarter.
Interest declined by 99.16 per cent y-o-y to Rs 0.02 crore, while Taxation decreased by 71.43 per cent at Rs 0.04 crore (Dec'23 Rs 0.14 crore).