The company reported standalone net profit of Rs 17.04 crore for the quarter ended December 31, 2024 as compared to Rs 13.43 crore in the same period last year, registering a year-on-year growth of 26.88 per cent.

Net revenue of the company rose moderately by 17.71 per cent at Rs 55.22 crore in October-December quarter of this fiscal as against Rs 46.91 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 10.68 per cent to Rs 31.30 crore from Rs 28.28 crore in year ago period.

Other Income grew by 12.90 per cent at Rs 1.40 crore versus (Dec'23 Rs 1.24 crore).

Operating Profit surged by 28.34 per cent to Rs 23.91 crore as against Rs 18.63 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 9.07 per cent in December quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore, while Taxation increased by 33.26 per cent at Rs 5.73 crore (Dec'23 Rs 4.30 crore).