The company reported standalone net profit of Rs 10.58 crore for the quarter ended December 31, 2024 as compared to Rs 8.29 crore in the same period last year, registering a year-on-year growth of 27.62 per cent.

Net revenue of the company rose triple digit by 122.44 per cent at Rs 151.46 crore in October-December quarter of this fiscal as against Rs 68.09 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 86.46 per cent to Rs 142.36 crore from Rs 76.35 crore in year ago period.

Other Income dipped by 73.74 per cent at Rs 5.42 crore versus (Dec'23 Rs 20.64 crore).

Operating Profit surged by 210.17 per cent to Rs 9.10 crore as against Rs -8.26 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 149.55 per cent in December quarter.

Interest grew by 26.89 per cent y-o-y to Rs 1.51 crore, while Taxation decreased by 24.74 per cent at Rs 1.43 crore (Dec'23 Rs 1.90 crore).