The company reported standalone net profit of Rs 1.38 crore for the quarter ended December 31, 2024 as compared to Rs 0.45 crore in the same period last year, registering a year-on-year growth of 206.67 per cent.

Net revenue of the company rose substantially by 85.50 per cent at Rs 128.74 crore in October-December quarter of this fiscal as against Rs 69.40 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 85.51 per cent to Rs 126.33 crore from Rs 68.10 crore in year ago period.

Other Income grew by 142.86 per cent at Rs 0.34 crore versus (Dec'23 Rs 0.14 crore).

Operating Profit surged by 85.38 per cent to Rs 2.41 crore as against Rs 1.30 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.00 per cent in December quarter.

Interest declined by 5.19 per cent y-o-y to Rs 0.73 crore, while Taxation increased by 475.00 per cent at Rs 0.46 crore (Dec'23 Rs 0.08 crore).