The company reported standalone net profit of Rs 1.77 crore for the quarter ended December 31, 2024 as compared to Rs 1.48 crore in the same period last year, registering a year-on-year growth of 19.59 per cent.

Net revenue of the company rose moderately by 19.76 per cent at Rs 24.30 crore in October-December quarter of this fiscal as against Rs 20.29 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 21.29 per cent to Rs 20.91 crore from Rs 17.24 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.01 crore versus (Dec'23 Rs 0.00 crore).

Operating Profit surged by 11.51 per cent to Rs 3.39 crore as against Rs 3.04 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 7.07 per cent in December quarter.

Interest declined by 2.17 per cent y-o-y to Rs 0.45 crore, while Taxation increased by 4.29 per cent at Rs 0.73 crore (Dec'23 Rs 0.70 crore).