The company reported standalone net profit of Rs 2.56 crore for the quarter ended December 31, 2024 as compared to Rs 1.31 crore in the same period last year, registering a year-on-year growth of 95.42 per cent.

Net revenue of the company rose substantially by 88.05 per cent at Rs 4.25 crore in October-December quarter of this fiscal as against Rs 2.26 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 160.00 per cent to Rs 0.26 crore from Rs 0.10 crore in year ago period.

Operating Profit surged by 85.58 per cent to Rs 3.99 crore as against Rs 2.15 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.59 per cent in December quarter.

Interest grew by 46.15 per cent y-o-y to Rs 0.57 crore, while Taxation increased by 95.45 per cent at Rs 0.86 crore (Dec'23 Rs 0.44 crore).