The company reported standalone net profit of Rs 4.19 crore for the quarter ended December 31, 2024 as compared to Rs 2.08 crore in the same period last year, registering a year-on-year growth of 101.44 per cent.

Net revenue of the company rose triple digit by 103.02 per cent at Rs 101.45 crore in October-December quarter of this fiscal as against Rs 49.97 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 104.11 per cent to Rs 96.30 crore from Rs 47.18 crore in year ago period.

Other Income grew by 4.76 per cent at Rs 0.44 crore versus (Dec'23 Rs 0.42 crore).

Operating Profit surged by 85.25 per cent to Rs 5.15 crore as against Rs 2.78 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 8.80 per cent in December quarter.

Interest declined by 18.18 per cent y-o-y to Rs 0.09 crore, while Taxation increased by 41.03 per cent at Rs 1.10 crore (Dec'23 Rs 0.78 crore).