The company reported standalone net profit of Rs 9.83 crore for the quarter ended December 31, 2024 as compared to Rs 2.09 crore in the same period last year, registering a year-on-year growth of 370.33 per cent.

Net revenue of the company rose substantially by 44.12 per cent at Rs 365.52 crore in October-December quarter of this fiscal as against Rs 253.63 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 40.54 per cent to Rs 353.64 crore from Rs 251.63 crore in year ago period.

Other Income grew by 45.53 per cent at Rs 3.58 crore versus (Dec'23 Rs 2.46 crore).

Operating Profit surged by 494.00 per cent to Rs 11.88 crore as against Rs 2.00 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 311.39 per cent in December quarter.

Interest declined by 15.48 per cent y-o-y to Rs 1.31 crore, while Taxation increased by 3922.22 per cent at Rs 3.62 crore (Dec'23 Rs 0.09 crore).