The company reported standalone net profit of Rs 2.01 crore for the quarter ended September 30, 2024 as compared to Rs 0.91 crore in the same period last year, registering a year-on-year growth of 120.88 per cent.

Net revenue of the company rose substantially by 30.54 per cent at Rs 56.46 crore in July-September quarter of this fiscal as against Rs 43.25 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 29.89 per cent to Rs 51.32 crore from Rs 39.51 crore in year ago period.

Other Income grew by 10.94 per cent at Rs 0.71 crore versus (Sep'23 Rs 0.64 crore).

Operating Profit surged by 36.80 per cent to Rs 5.13 crore as against Rs 3.75 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.97 per cent in September quarter.

Interest grew by 19.42 per cent y-o-y to Rs 1.23 crore, while Taxation increased by 28.70 per cent at Rs 1.48 crore (Sep'23 Rs 1.15 crore).