The company reported standalone net profit of Rs 2.69 crore for the quarter ended September 30, 2024 as compared to Rs 0.78 crore in the same period last year, registering a year-on-year growth of 244.87 per cent.

Net revenue of the company rose substantially by 29.65 per cent at Rs 88.95 crore in July-September quarter of this fiscal as against Rs 68.61 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 26.39 per cent to Rs 84.73 crore from Rs 67.04 crore in year ago period.

Other Income grew by 83.33 per cent at Rs 0.22 crore versus (Sep'23 Rs 0.12 crore).

Operating Profit surged by 168.79 per cent to Rs 4.22 crore as against Rs 1.57 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 106.99 per cent in September quarter.

Interest declined by 11.11 per cent y-o-y to Rs 0.56 crore, while Taxation increased by 4300.00 per cent at Rs 0.88 crore (Sep'23 Rs 0.02 crore).