The company reported standalone net profit of Rs 2.61 crore for the quarter ended December 31, 2024 as compared to Rs 1.02 crore in the same period last year, registering a year-on-year growth of 155.88 per cent.

Net revenue of the company rose substantially by 47.72 per cent at Rs 29.22 crore in October-December quarter of this fiscal as against Rs 19.78 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 43.41 per cent to Rs 24.81 crore from Rs 17.30 crore in year ago period.

Other Income grew by 42.86 per cent at Rs 0.10 crore versus (Dec'23 Rs 0.07 crore).

Operating Profit surged by 77.82 per cent to Rs 4.41 crore as against Rs 2.48 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 20.41 per cent in December quarter.

Interest grew by 1.64 per cent y-o-y to Rs 0.62 crore, while Taxation increased by 13.33 per cent at Rs 0.17 crore (Dec'23 Rs 0.15 crore).