The company reported standalone net profit of Rs 1.02 crore for the quarter ended September 30, 2024 as compared to Rs 0.37 crore in the same period last year, registering a year-on-year growth of 175.68 per cent.

Net revenue of the company rose moderately by 11.94 per cent at Rs 29.54 crore in July-September quarter of this fiscal as against Rs 26.39 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 9.93 per cent to Rs 26.69 crore from Rs 24.28 crore in year ago period.

Other Income grew by 16.67 per cent at Rs 0.63 crore versus (Sep'23 Rs 0.54 crore).

Operating Profit surged by 35.07 per cent to Rs 2.85 crore as against Rs 2.11 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 20.78 per cent in September quarter.

Interest grew by 20.00 per cent y-o-y to Rs 0.78 crore, while Taxation increased by 28.57 per cent at Rs 0.18 crore (Sep'23 Rs 0.14 crore).