The company reported standalone net profit of Rs 0.66 crore for the quarter ended December 31, 2024 as compared to Rs 0.72 crore in the same period last year, registering a year-on-year decline of 8.33 per cent.

Net revenue of the company declined substantially by 29.75 per cent at Rs 9.35 crore in October-December quarter of this fiscal as against Rs 13.31 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 33.54 per cent to Rs 7.53 crore from Rs 11.33 crore in year ago period.

Other Income dipped by 60.00 per cent at Rs 0.02 crore versus (Dec'23 Rs 0.05 crore).

Operating Profit slipped by 8.08 per cent to Rs 1.82 crore as against Rs 1.98 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 30.91 per cent in December quarter.

Interest declined by 8.33 per cent y-o-y to Rs 0.11 crore, while Taxation decreased by 20.00 per cent at Rs 0.20 crore (Dec'23 Rs 0.25 crore).