The company reported standalone net profit of Rs 11.42 crore for the quarter ended September 30, 2024 as compared to Rs 0.75 crore in the same period last year, registering a year-on-year growth of 1422.67 per cent.

Net revenue of the company rose substantially by 44.33 per cent at Rs 105.71 crore in July-September quarter of this fiscal as against Rs 73.24 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 28.48 per cent to Rs 92.44 crore from Rs 71.95 crore in year ago period.

Other Income grew by 5150.00 per cent at Rs 1.01 crore versus (Sep'23 Rs -0.02 crore).

Operating Profit surged by 928.68 per cent to Rs 13.27 crore as against Rs 1.29 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 613.64 per cent in September quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.04 crore, while Taxation increased by 938.46 per cent at Rs 2.70 crore (Sep'23 Rs 0.26 crore).