The company reported standalone net profit of Rs 5.08 crore for the quarter ended December 31, 2024 as compared to Rs 4.11 crore in the same period last year, registering a year-on-year growth of 23.60 per cent.

Net revenue of the company rose moderately by 7.41 per cent at Rs 205.05 crore in October-December quarter of this fiscal as against Rs 190.91 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 5.87 per cent to Rs 190.58 crore from Rs 180.02 crore in year ago period.

Other Income dipped by 14.06 per cent at Rs 2.75 crore versus (Dec'23 Rs 3.20 crore).

Operating Profit surged by 32.87 per cent to Rs 14.47 crore as against Rs 10.89 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 23.86 per cent in December quarter.

Interest grew by 29.20 per cent y-o-y to Rs 8.23 crore, while Taxation increased by 22.30 per cent at Rs 1.70 crore (Dec'23 Rs 1.39 crore).