The company reported standalone net profit of Rs 4.54 crore for the quarter ended December 31, 2024 as compared to Rs 2.89 crore in the same period last year, registering a year-on-year growth of 57.09 per cent.

Net revenue of the company rose substantially by 81.01 per cent at Rs 98.92 crore in October-December quarter of this fiscal as against Rs 54.65 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 84.27 per cent to Rs 92.87 crore from Rs 50.40 crore in year ago period.

Other Income grew by 390.00 per cent at Rs 0.49 crore versus (Dec'23 Rs 0.10 crore).

Operating Profit surged by 42.35 per cent to Rs 6.05 crore as against Rs 4.25 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 21.36 per cent in December quarter.

Taxation increased by 59.79 per cent at Rs 1.55 crore (Dec'23 Rs 0.97 crore).