The company reported standalone net profit of Rs 10.36 crore for the quarter ended December 31, 2024 as compared to Rs 2.40 crore in the same period last year, registering a year-on-year growth of 331.67 per cent.

Net revenue of the company rose substantially by 34.16 per cent at Rs 99.52 crore in October-December quarter of this fiscal as against Rs 74.18 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 24.33 per cent to Rs 84.99 crore from Rs 68.36 crore in year ago period.

Other Income grew by 15.38 per cent at Rs 0.15 crore versus (Dec'23 Rs 0.13 crore).

Operating Profit surged by 149.83 per cent to Rs 14.54 crore as against Rs 5.82 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 86.35 per cent in December quarter.

Interest declined by 18.15 per cent y-o-y to Rs 2.03 crore, while Taxation increased by 505.00 per cent at Rs 0.81 crore (Dec'23 Rs -0.20 crore).