The company reported standalone net profit of Rs 7.85 crore for the quarter ended December 31, 2024 as compared to Rs 6.67 crore in the same period last year, registering a year-on-year growth of 17.69 per cent.
Net revenue of the company rose moderately by 11.65 per cent at Rs 44.66 crore in October-December quarter of this fiscal as against Rs 40.00 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 8.57 per cent to Rs 34.19 crore from Rs 31.49 crore in year ago period.
Other Income dipped by 2.83 per cent at Rs 2.75 crore versus (Dec'23 Rs 2.83 crore).
Operating Profit surged by 23.15 per cent to Rs 10.48 crore as against Rs 8.51 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 10.25 per cent in December quarter.
Interest declined by 16.67 per cent y-o-y to Rs 0.05 crore, while Taxation increased by 20.88 per cent at Rs 3.01 crore (Dec'23 Rs 2.49 crore).