The company reported standalone net profit of Rs 37.11 crore for the quarter ended June 30, 2024 as compared to Rs 14.96 crore in the same period last year, registering a year-on-year growth of 148.06 per cent.

Net revenue of the company rose triple digit by 105.96 per cent at Rs 80.53 crore in April-June quarter of this fiscal as against Rs 39.10 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 40.86 per cent to Rs 27.44 crore from Rs 19.48 crore in year ago period.

Other Income dipped by 6.86 per cent at Rs 0.95 crore versus (Jun'23 Rs 1.02 crore).

Operating Profit surged by 170.59 per cent to Rs 53.09 crore as against Rs 19.62 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 31.39 per cent in June quarter.

Interest grew by 201.48 per cent y-o-y to Rs 6.12 crore, while Taxation increased by 211.21 per cent at Rs 10.27 crore (Jun'23 Rs 3.30 crore).