The company reported standalone net profit of Rs 2.64 crore for the quarter ended December 31, 2024 as compared to Rs 0.91 crore in the same period last year, registering a year-on-year growth of 190.11 per cent.

Net revenue of the company rose substantially by 58.75 per cent at Rs 96.44 crore in October-December quarter of this fiscal as against Rs 60.75 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 58.12 per cent to Rs 88.64 crore from Rs 56.06 crore in year ago period.

Other Income grew by 122.22 per cent at Rs 0.20 crore versus (Dec'23 Rs 0.09 crore).

Operating Profit surged by 66.31 per cent to Rs 7.80 crore as against Rs 4.69 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.66 per cent in December quarter.

Interest grew by 31.25 per cent y-o-y to Rs 3.15 crore, while Taxation increased by 222.58 per cent at Rs 1.00 crore (Dec'23 Rs 0.31 crore).