The company reported standalone net profit of Rs 0.49 crore for the quarter ended December 31, 2024 as compared to Rs 0.03 crore in the same period last year, registering a year-on-year growth of 1533.33 per cent.

Net revenue of the company declined marginally by 3.10 per cent at Rs 25.31 crore in October-December quarter of this fiscal as against Rs 26.12 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 4.76 per cent to Rs 23.20 crore from Rs 24.36 crore in year ago period.

Other Income grew by 88.89 per cent at Rs 0.17 crore versus (Dec'23 Rs 0.09 crore).

Operating Profit surged by 19.89 per cent to Rs 2.11 crore as against Rs 1.76 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 23.74 per cent in December quarter.

Interest declined by 6.50 per cent y-o-y to Rs 1.15 crore, while Taxation increased by 900.00 per cent at Rs 0.20 crore (Dec'23 Rs 0.02 crore).