The company reported standalone net profit of Rs 5.01 crore for the quarter ended December 31, 2024 as compared to Rs 0.05 crore in the same period last year, registering a year-on-year growth of 9920.00 per cent.

Net revenue of the company rose substantially by 48.16 per cent at Rs 114.44 crore in October-December quarter of this fiscal as against Rs 77.24 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 43.97 per cent to Rs 106.02 crore from Rs 73.64 crore in year ago period.

Other Income grew by 216.18 per cent at Rs 2.15 crore versus (Dec'23 Rs 0.68 crore).

Operating Profit surged by 133.24 per cent to Rs 8.42 crore as against Rs 3.61 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 57.60 per cent in December quarter.

Interest grew by 35.71 per cent y-o-y to Rs 3.23 crore