The company reported standalone net profit of Rs 1.35 crore for the quarter ended December 31, 2024 as compared to Rs 0.54 crore in the same period last year, registering a year-on-year growth of 150.00 per cent.

Net revenue of the company rose moderately by 8.84 per cent at Rs 87.93 crore in October-December quarter of this fiscal as against Rs 80.79 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 6.77 per cent to Rs 78.59 crore from Rs 73.61 crore in year ago period.

Other Income grew by 41.38 per cent at Rs 0.82 crore versus (Dec'23 Rs 0.58 crore).

Operating Profit surged by 30.08 per cent to Rs 9.34 crore as against Rs 7.18 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 19.46 per cent in December quarter.

Interest grew by 6.84 per cent y-o-y to Rs 4.84 crore, while Taxation increased by 450.00 per cent at Rs 1.32 crore (Dec'23 Rs 0.24 crore).