The company reported standalone net profit of Rs 1.84 crore for the quarter ended September 30, 2024 as compared to Rs 1.46 crore in the same period last year, registering a year-on-year growth of 26.03 per cent.

Net revenue of the company rose by 0.21 per cent at Rs 95.96 crore in July-September quarter of this fiscal as against Rs 95.76 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 1.72 per cent to Rs 88.64 crore from Rs 90.19 crore in year ago period.

Other Income dipped by 16.67 per cent at Rs 0.05 crore versus (Sep'23 Rs 0.06 crore).

Operating Profit surged by 31.60 per cent to Rs 7.33 crore as against Rs 5.57 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 31.27 per cent in September quarter.

Interest grew by 32.79 per cent y-o-y to Rs 3.28 crore, while Taxation increased by 31.25 per cent at Rs 1.05 crore (Sep'23 Rs 0.80 crore).