The company reported standalone net profit of Rs 0.62 crore for the quarter ended September 30, 2024 as compared to Rs 0.19 crore in the same period last year, registering a year-on-year growth of 226.32 per cent.

Net revenue of the company rose moderately by 12.23 per cent at Rs 14.68 crore in July-September quarter of this fiscal as against Rs 13.08 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 9.51 per cent to Rs 12.67 crore from Rs 11.57 crore in year ago period.

Other Income grew by 29.41 per cent at Rs 0.22 crore versus (Sep'23 Rs 0.17 crore).

Operating Profit surged by 32.45 per cent to Rs 2.00 crore as against Rs 1.51 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 18.37 per cent in September quarter.

Interest grew by 5.77 per cent y-o-y to Rs 0.55 crore, while Taxation increased by 250.00 per cent at Rs 0.21 crore (Sep'23 Rs 0.06 crore).