The company reported standalone net profit of Rs 5.22 crore for the quarter ended December 31, 2024 as compared to Rs 4.28 crore in the same period last year, registering a year-on-year growth of 21.96 per cent.
Net revenue of the company rose triple digit by 135.94 per cent at Rs 49.83 crore in October-December quarter of this fiscal as against Rs 21.12 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 212.47 per cent to Rs 46.34 crore from Rs 14.83 crore in year ago period.
Operating Profit slipped by 44.52 per cent to Rs 3.49 crore as against Rs 6.29 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 76.46 per cent in December quarter.
Interest grew by 27.97 per cent y-o-y to Rs 1.51 crore, while Taxation decreased by 1207.32 per cent at Rs -4.54 crore (Dec'23 Rs 0.41 crore).