The company reported standalone net profit of Rs 1.11 crore for the quarter ended December 31, 2024 as compared to Rs 0.52 crore in the same period last year, registering a year-on-year growth of 113.46 per cent.

Net revenue of the company rose substantially by 51.61 per cent at Rs 14.10 crore in October-December quarter of this fiscal as against Rs 9.30 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 45.45 per cent to Rs 13.28 crore from Rs 9.13 crore in year ago period.

Other Income grew by 27.14 per cent at Rs 0.89 crore versus (Dec'23 Rs 0.70 crore).

Operating Profit surged by 388.24 per cent to Rs 0.83 crore as against Rs 0.17 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 223.76 per cent in December quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.02 crore, while Taxation increased by 184.62 per cent at Rs 0.37 crore (Dec'23 Rs 0.13 crore).