The company reported standalone net profit of Rs 2.28 crore for the quarter ended December 31, 2024 as compared to Rs 1.99 crore in the same period last year, registering a year-on-year growth of 14.57 per cent.
Net revenue of the company rose substantially by 21.52 per cent at Rs 79.05 crore in October-December quarter of this fiscal as against Rs 65.05 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 22.64 per cent to Rs 72.70 crore from Rs 59.28 crore in year ago period.
Other Income grew by 200.00 per cent at Rs 0.03 crore versus (Dec'23 Rs 0.01 crore).
Operating Profit surged by 10.05 per cent to Rs 6.35 crore as against Rs 5.77 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 9.36 per cent in December quarter.
Interest grew by 2.88 per cent y-o-y to Rs 1.43 crore, while Taxation increased by 14.29 per cent at Rs 0.88 crore (Dec'23 Rs 0.77 crore).