The company reported standalone net profit of Rs 1.22 crore for the quarter ended December 31, 2024 as compared to Rs 0.47 crore in the same period last year, registering a year-on-year growth of 159.57 per cent.

Net revenue of the company rose substantially by 20.74 per cent at Rs 34.41 crore in October-December quarter of this fiscal as against Rs 28.50 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 21.60 per cent to Rs 33.10 crore from Rs 27.22 crore in year ago period.

Operating Profit surged by 107.03 per cent to Rs 2.65 crore as against Rs 1.28 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 71.11 per cent in December quarter.

Interest grew by 1450.00 per cent y-o-y to Rs 0.62 crore, while Taxation decreased by 28.00 per cent at Rs 0.36 crore (Dec'23 Rs 0.50 crore).