The company reported standalone net profit of Rs 15.30 crore for the quarter ended December 31, 2024 as compared to Rs 10.78 crore in the same period last year, registering a year-on-year growth of 41.93 per cent.
Net revenue of the company rose moderately by 17.93 per cent at Rs 145.30 crore in October-December quarter of this fiscal as against Rs 123.21 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 18.60 per cent to Rs 122.42 crore from Rs 103.22 crore in year ago period.
Other Income grew by 240.00 per cent at Rs 0.17 crore versus (Dec'23 Rs 0.05 crore).
Operating Profit surged by 14.46 per cent to Rs 22.88 crore as against Rs 19.99 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2.90 per cent in December quarter.
Interest declined by 62.06 per cent y-o-y to Rs 1.92 crore, while Taxation increased by 40.37 per cent at Rs 5.32 crore (Dec'23 Rs 3.79 crore).