The company reported standalone net profit of Rs 1.03 crore for the quarter ended December 31, 2024 as compared to Rs 0.33 crore in the same period last year, registering a year-on-year growth of 212.12 per cent.

Net revenue of the company rose two fold by 213.88 per cent at Rs 20.12 crore in October-December quarter of this fiscal as against Rs 6.41 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 222.02 per cent to Rs 18.13 crore from Rs 5.63 crore in year ago period.

Other Income dipped by 20.00 per cent at Rs 0.04 crore versus (Dec'23 Rs 0.05 crore).

Operating Profit surged by 151.90 per cent to Rs 1.99 crore as against Rs 0.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 19.59 per cent in December quarter.

Interest grew by 30.56 per cent y-o-y to Rs 0.47 crore, while Taxation increased by 209.09 per cent at Rs 0.34 crore (Dec'23 Rs 0.11 crore).