The company reported standalone net profit of Rs 2.12 crore for the quarter ended December 31, 2024 as compared to Rs 1.53 crore in the same period last year, registering a year-on-year growth of 38.56 per cent.

Net revenue of the company rose moderately by 13.85 per cent at Rs 66.35 crore in October-December quarter of this fiscal as against Rs 58.28 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 12.39 per cent to Rs 60.13 crore from Rs 53.50 crore in year ago period.

Other Income dipped by 37.50 per cent at Rs 0.05 crore versus (Dec'23 Rs 0.08 crore).

Operating Profit surged by 30.40 per cent to Rs 6.22 crore as against Rs 4.77 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 14.53 per cent in December quarter.

Interest grew by 14.97 per cent y-o-y to Rs 2.15 crore, while Taxation increased by 31.94 per cent at Rs 0.95 crore (Dec'23 Rs 0.72 crore).