The company reported standalone net profit of Rs 12.18 crore for the quarter ended December 31, 2024 as compared to Rs 10.06 crore in the same period last year, registering a year-on-year growth of 21.07 per cent.

Net revenue of the company rose moderately by 7.68 per cent at Rs 49.24 crore in October-December quarter of this fiscal as against Rs 45.73 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 3.10 per cent to Rs 34.64 crore from Rs 33.60 crore in year ago period.

Other Income grew by 29.21 per cent at Rs 5.22 crore versus (Dec'23 Rs 4.04 crore).

Operating Profit surged by 20.45 per cent to Rs 14.61 crore as against Rs 12.13 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 11.84 per cent in December quarter.

Interest declined by 24.53 per cent y-o-y to Rs 0.40 crore, while Taxation increased by 42.42 per cent at Rs 6.01 crore (Dec'23 Rs 4.22 crore).