The company reported standalone net profit of Rs 3.01 crore for the quarter ended December 31, 2024 as compared to Rs 2.74 crore in the same period last year, registering a year-on-year growth of 9.85 per cent.
Net revenue of the company declined moderately by 15.15 per cent at Rs 230.03 crore in October-December quarter of this fiscal as against Rs 271.10 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 17.94 per cent to Rs 212.32 crore from Rs 258.74 crore in year ago period.
Other Income dipped by 98.26 per cent at Rs 0.03 crore versus (Dec'23 Rs 1.72 crore).
Operating Profit surged by 43.28 per cent to Rs 17.71 crore as against Rs 12.36 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 68.86 per cent in December quarter.
Interest grew by 12.27 per cent y-o-y to Rs 7.78 crore, while Taxation increased by 109.52 per cent at Rs 3.08 crore (Dec'23 Rs 1.47 crore).