The company reported standalone net profit of Rs 4.59 crore for the quarter ended December 31, 2024 as compared to Rs 3.61 crore in the same period last year, registering a year-on-year growth of 27.15 per cent.

Net revenue of the company declined moderately by 16.13 per cent at Rs 100.24 crore in October-December quarter of this fiscal as against Rs 119.52 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 11.46 per cent to Rs 102.43 crore from Rs 115.69 crore in year ago period.

Other Income dipped by 51.10 per cent at Rs 0.89 crore versus (Dec'23 Rs 1.82 crore).

Operating Profit surged by 88.54 per cent to Rs 7.24 crore as against Rs 3.84 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 125.23 per cent in December quarter.

Interest grew by 200.00 per cent y-o-y to Rs 1.35 crore, while Taxation increased by 65.63 per cent at Rs 1.59 crore (Dec'23 Rs 0.96 crore).