The company reported standalone net profit of Rs 3.51 crore for the quarter ended December 31, 2024 as compared to Rs 2.51 crore in the same period last year, registering a year-on-year growth of 39.84 per cent.

Net revenue of the company rose substantially by 39.41 per cent at Rs 80.80 crore in October-December quarter of this fiscal as against Rs 57.96 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 37.55 per cent to Rs 73.56 crore from Rs 53.48 crore in year ago period.

Other Income grew by 8.33 per cent at Rs 0.13 crore versus (Dec'23 Rs 0.12 crore).

Operating Profit surged by 61.61 per cent to Rs 7.24 crore as against Rs 4.48 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 15.91 per cent in December quarter.

Interest grew by 69.89 per cent y-o-y to Rs 1.58 crore, while Taxation increased by 122.39 per cent at Rs 1.49 crore (Dec'23 Rs 0.67 crore).