The company reported standalone net profit of Rs 0.71 crore for the quarter ended December 31, 2024 as compared to Rs 0.41 crore in the same period last year, registering a year-on-year growth of 73.17 per cent.

Net revenue of the company rose moderately by 19.64 per cent at Rs 25.34 crore in October-December quarter of this fiscal as against Rs 21.18 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 16.79 per cent to Rs 24.56 crore from Rs 21.03 crore in year ago period.

Other Income dipped by 6.90 per cent at Rs 0.81 crore versus (Dec'23 Rs 0.87 crore).

Operating Profit surged by 420.00 per cent to Rs 0.78 crore as against Rs 0.15 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 335.21 per cent in December quarter.

Interest grew by 800.00 per cent y-o-y to Rs 0.18 crore, while Taxation decreased by 4.55 per cent at Rs 0.21 crore (Dec'23 Rs 0.22 crore).