The company reported standalone net profit of Rs 5.92 crore for the quarter ended December 31, 2024 as compared to Rs 5.25 crore in the same period last year, registering a year-on-year growth of 12.76 per cent.

Net revenue of the company rose substantially by 47.94 per cent at Rs 87.70 crore in October-December quarter of this fiscal as against Rs 59.28 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 52.53 per cent to Rs 79.62 crore from Rs 52.20 crore in year ago period.

Other Income dipped by 6.80 per cent at Rs 0.96 crore versus (Dec'23 Rs 1.03 crore).

Operating Profit surged by 13.98 per cent to Rs 8.07 crore as against Rs 7.08 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 22.86 per cent in December quarter.

Interest grew by 57.89 per cent y-o-y to Rs 0.30 crore, while Taxation increased by 6.88 per cent at Rs 2.02 crore (Dec'23 Rs 1.89 crore).