The company reported standalone net profit of Rs 3.03 crore for the quarter ended December 31, 2024 as compared to Rs 1.99 crore in the same period last year, registering a year-on-year growth of 52.26 per cent.

Net revenue of the company rose substantially by 56.25 per cent at Rs 180.37 crore in October-December quarter of this fiscal as against Rs 115.44 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 56.62 per cent to Rs 169.43 crore from Rs 108.18 crore in year ago period.

Other Income dipped by 70.21 per cent at Rs 0.14 crore versus (Dec'23 Rs 0.47 crore).

Operating Profit surged by 51.03 per cent to Rs 10.95 crore as against Rs 7.25 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 3.34 per cent in December quarter.

Interest grew by 19.31 per cent y-o-y to Rs 5.56 crore, while Taxation increased by 880.00 per cent at Rs 1.47 crore (Dec'23 Rs 0.15 crore).