The company reported standalone net profit of Rs 1.69 crore for the quarter ended December 31, 2024 as compared to Rs 1.13 crore in the same period last year, registering a year-on-year growth of 49.56 per cent.

Net revenue of the company rose substantially by 28.67 per cent at Rs 55.20 crore in October-December quarter of this fiscal as against Rs 42.90 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 27.43 per cent to Rs 51.05 crore from Rs 40.06 crore in year ago period.

Other Income grew by 100.00 per cent at Rs 0.04 crore versus (Dec'23 Rs 0.02 crore).

Operating Profit surged by 45.61 per cent to Rs 4.15 crore as against Rs 2.85 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 13.42 per cent in December quarter.

Interest grew by 49.38 per cent y-o-y to Rs 1.21 crore, while Taxation decreased by 4.65 per cent at Rs 0.41 crore (Dec'23 Rs 0.43 crore).