The company reported standalone net profit of Rs 0.67 crore for the quarter ended December 31, 2024 as compared to Rs 0.39 crore in the same period last year, registering a year-on-year growth of 71.79 per cent.

Net revenue of the company rose substantially by 53.96 per cent at Rs 25.68 crore in October-December quarter of this fiscal as against Rs 16.68 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 55.47 per cent to Rs 24.30 crore from Rs 15.63 crore in year ago period.

Other Income grew by 31.58 per cent at Rs 0.25 crore versus (Dec'23 Rs 0.19 crore).

Operating Profit surged by 31.43 per cent to Rs 1.38 crore as against Rs 1.05 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 14.63 per cent in December quarter.

Interest grew by 18.18 per cent y-o-y to Rs 0.26 crore, while Taxation increased by 76.92 per cent at Rs 0.23 crore (Dec'23 Rs 0.13 crore).