The company reported standalone net profit of Rs 5.41 crore for the quarter ended December 31, 2024 as compared to Rs 1.03 crore in the same period last year, registering a year-on-year growth of 425.24 per cent.

Net revenue of the company rose triple digit by 108.75 per cent at Rs 57.47 crore in October-December quarter of this fiscal as against Rs 27.53 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 66.84 per cent to Rs 48.05 crore from Rs 28.80 crore in year ago period.

Other Income dipped by 5.04 per cent at Rs 2.64 crore versus (Dec'23 Rs 2.78 crore).

Operating Profit surged by 841.73 per cent to Rs 9.42 crore as against Rs -1.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 457.30 per cent in December quarter.

Interest grew by 79.22 per cent y-o-y to Rs 2.76 crore, while Taxation increased by 222.91 per cent at Rs 2.20 crore (Dec'23 Rs -1.79 crore).