The company reported standalone net profit of Rs 0.24 crore for the quarter ended December 31, 2024 as compared to Rs 0.17 crore in the same period last year, registering a year-on-year growth of 41.18 per cent.
Net revenue of the company rose substantially by 39.01 per cent at Rs 17.39 crore in October-December quarter of this fiscal as against Rs 12.51 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 45.96 per cent to Rs 16.61 crore from Rs 11.38 crore in year ago period.
Other Income grew by 60.00 per cent at Rs 0.08 crore versus (Dec'23 Rs 0.05 crore).
Operating Profit slipped by 30.09 per cent to Rs 0.79 crore as against Rs 1.13 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 49.67 per cent in December quarter.
Interest declined by 4.55 per cent y-o-y to Rs 0.42 crore, while Taxation decreased by 64.71 per cent at Rs 0.06 crore (Dec'23 Rs 0.17 crore).