The company reported standalone net profit of Rs 11.28 crore for the quarter ended September 30, 2024 as compared to Rs 8.10 crore in the same period last year, registering a year-on-year growth of 39.26 per cent.

Net revenue of the company rose substantially by 32.45 per cent at Rs 30.12 crore in July-September quarter of this fiscal as against Rs 22.74 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 25.40 per cent to Rs 14.76 crore from Rs 11.77 crore in year ago period.

Operating Profit surged by 39.89 per cent to Rs 15.36 crore as against Rs 10.98 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.68 per cent in September quarter.

Interest grew by 175.00 per cent y-o-y to Rs 0.22 crore, while Taxation increased by 37.82 per cent at Rs 3.79 crore (Sep'23 Rs 2.75 crore).