The company reported standalone net profit of Rs 0.77 crore for the quarter ended December 31, 2024 as compared to Rs 0.50 crore in the same period last year, registering a year-on-year growth of 54.00 per cent.

Net revenue of the company rose moderately by 16.38 per cent at Rs 53.00 crore in October-December quarter of this fiscal as against Rs 45.54 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 15.48 per cent to Rs 49.60 crore from Rs 42.95 crore in year ago period.

Other Income dipped by 58.33 per cent at Rs 0.05 crore versus (Dec'23 Rs 0.12 crore).

Operating Profit surged by 31.27 per cent to Rs 3.40 crore as against Rs 2.59 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 13.03 per cent in December quarter.

Interest grew by 17.31 per cent y-o-y to Rs 1.22 crore, while Taxation increased by 30.00 per cent at Rs 0.26 crore (Dec'23 Rs 0.20 crore).