The company reported standalone net profit of Rs 3.84 crore for the quarter ended December 31, 2024 as compared to Rs 1.25 crore in the same period last year, registering a year-on-year growth of 207.20 per cent.
Net revenue of the company rose substantially by 63.76 per cent at Rs 16.13 crore in October-December quarter of this fiscal as against Rs 9.85 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 29.90 per cent to Rs 10.47 crore from Rs 8.06 crore in year ago period.
Other Income dipped by 77.78 per cent at Rs 0.14 crore versus (Dec'23 Rs 0.63 crore).
Operating Profit surged by 217.42 per cent to Rs 5.65 crore as against Rs 1.78 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 93.43 per cent in December quarter.
Interest grew by 6.67 per cent y-o-y to Rs 0.16 crore, while Taxation increased by 133.33 per cent at Rs 1.40 crore (Dec'23 Rs 0.60 crore).