The company reported standalone net profit of Rs 0.16 crore for the quarter ended December 31, 2024 as compared to Rs 0.07 crore in the same period last year, registering a year-on-year growth of 128.57 per cent.

Net revenue of the company rose substantially by 65.03 per cent at Rs 25.86 crore in October-December quarter of this fiscal as against Rs 15.67 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 47.93 per cent to Rs 25.68 crore from Rs 17.36 crore in year ago period.

Other Income dipped by 83.25 per cent at Rs 0.35 crore versus (Dec'23 Rs 2.09 crore).

Operating Profit surged by 110.65 per cent to Rs 0.18 crore as against Rs -1.69 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 106.57 per cent in December quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.31 crore, while Taxation increased by 150.00 per cent at Rs 0.05 crore (Dec'23 Rs 0.02 crore).