The company reported standalone net profit of Rs 1.21 crore for the quarter ended December 31, 2024 as compared to Rs 1.10 crore in the same period last year, registering a year-on-year growth of 10.00 per cent.
Net revenue of the company rose substantially by 37.86 per cent at Rs 475.82 crore in October-December quarter of this fiscal as against Rs 345.15 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 37.95 per cent to Rs 471.65 crore from Rs 341.90 crore in year ago period.
Other Income dipped by 37.31 per cent at Rs 0.42 crore versus (Dec'23 Rs 0.67 crore).
Operating Profit surged by 27.91 per cent to Rs 4.17 crore as against Rs 3.26 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 6.38 per cent in December quarter.
Interest grew by 12.76 per cent y-o-y to Rs 2.74 crore, while Taxation increased by 61.29 per cent at Rs 0.50 crore (Dec'23 Rs 0.31 crore).