The company reported standalone net profit of Rs 19.07 crore for the quarter ended December 31, 2024 as compared to Rs 14.92 crore in the same period last year, registering a year-on-year growth of 27.82 per cent.

Net revenue of the company rose substantially by 25.58 per cent at Rs 91.41 crore in October-December quarter of this fiscal as against Rs 72.79 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 17.15 per cent to Rs 62.72 crore from Rs 53.54 crore in year ago period.

Other Income grew by 15.60 per cent at Rs 2.52 crore versus (Dec'23 Rs 2.18 crore).

Operating Profit surged by 49.04 per cent to Rs 28.69 crore as against Rs 19.25 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 18.72 per cent in December quarter.

Interest grew by 58.19 per cent y-o-y to Rs 2.80 crore, while Taxation increased by 29.49 per cent at Rs 4.04 crore (Dec'23 Rs 3.12 crore).