The company reported standalone net profit of Rs 1.71 crore for the quarter ended December 31, 2024 as compared to Rs 0.75 crore in the same period last year, registering a year-on-year growth of 128.00 per cent.

Net revenue of the company rose substantially by 80.54 per cent at Rs 21.52 crore in October-December quarter of this fiscal as against Rs 11.92 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 82.02 per cent to Rs 19.33 crore from Rs 10.62 crore in year ago period.

Other Income grew by 105.71 per cent at Rs 0.72 crore versus (Dec'23 Rs 0.35 crore).

Operating Profit surged by 68.46 per cent to Rs 2.19 crore as against Rs 1.30 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 7.21 per cent in December quarter.

Interest grew by 17.02 per cent y-o-y to Rs 0.55 crore, while Taxation increased by 192.31 per cent at Rs 0.38 crore (Dec'23 Rs 0.13 crore).