The company reported standalone net profit of Rs 4.32 crore for the quarter ended December 31, 2024 as compared to Rs 1.37 crore in the same period last year, registering a year-on-year growth of 215.33 per cent.

Net revenue of the company rose moderately by 17.54 per cent at Rs 94.68 crore in October-December quarter of this fiscal as against Rs 80.55 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 14.65 per cent to Rs 84.62 crore from Rs 73.81 crore in year ago period.

Other Income grew by 100.00 per cent at Rs 0.12 crore versus (Dec'23 Rs 0.06 crore).

Operating Profit surged by 49.26 per cent to Rs 10.06 crore as against Rs 6.74 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 27.00 per cent in December quarter.

Interest declined by 19.48 per cent y-o-y to Rs 2.48 crore, while Taxation increased by 208.70 per cent at Rs 1.42 crore (Dec'23 Rs 0.46 crore).