The company reported standalone net profit of Rs 19.40 crore for the quarter ended December 31, 2024 as compared to Rs 18.22 crore in the same period last year, registering a year-on-year growth of 6.48 per cent.

Net revenue of the company rose moderately by 7.07 per cent at Rs 29.22 crore in October-December quarter of this fiscal as against Rs 27.29 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 20.66 per cent to Rs 3.27 crore from Rs 2.71 crore in year ago period.

Operating Profit surged by 5.57 per cent to Rs 25.95 crore as against Rs 24.58 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.42 per cent in December quarter.

Taxation increased by 2.67 per cent at Rs 6.54 crore (Dec'23 Rs 6.37 crore).