The company reported standalone net profit of Rs 3.99 crore for the quarter ended September 30, 2024 as compared to Rs 0.75 crore in the same period last year, registering a year-on-year growth of 432.00 per cent.

Net revenue of the company rose two fold by 217.82 per cent at Rs 27.11 crore in July-September quarter of this fiscal as against Rs 8.53 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 204.12 per cent to Rs 22.87 crore from Rs 7.52 crore in year ago period.

Operating Profit surged by 319.80 per cent to Rs 4.24 crore as against Rs 1.01 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 31.79 per cent in September quarter.

Taxation decreased by 7.69 per cent at Rs 0.24 crore (Sep'23 Rs 0.26 crore).