The company reported standalone net profit of Rs 14.96 crore for the quarter ended December 31, 2024 as compared to Rs 6.63 crore in the same period last year, registering a year-on-year growth of 125.64 per cent.
Net revenue of the company rose moderately by 12.86 per cent at Rs 51.35 crore in October-December quarter of this fiscal as against Rs 45.50 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 10.73 per cent to Rs 32.95 crore from Rs 36.91 crore in year ago period.
Other Income grew by 156.76 per cent at Rs 0.95 crore versus (Dec'23 Rs 0.37 crore).
Operating Profit surged by 114.20 per cent to Rs 18.40 crore as against Rs 8.59 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 89.83 per cent in December quarter.
Interest grew by 150.00 per cent y-o-y to Rs 0.05 crore, while Taxation increased by 92.24 per cent at Rs 4.21 crore (Dec'23 Rs 2.19 crore).