The company reported standalone net profit of Rs 6.60 crore for the quarter ended December 31, 2024 as compared to Rs 6.98 crore in the same period last year, registering a year-on-year decline of 5.44 per cent.
Net revenue of the company rose triple digit by 160.28 per cent at Rs 2,618.71 crore in October-December quarter of this fiscal as against Rs 1,006.12 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 159.57 per cent to Rs 2,591.71 crore from Rs 998.45 crore in year ago period.
Other Income grew by 4537.93 per cent at Rs 13.45 crore versus (Dec'23 Rs 0.29 crore).
Operating Profit surged by 251.56 per cent to Rs 27.00 crore as against Rs 7.68 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 35.53 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 33.26 crore, while Taxation decreased by 45.68 per cent at Rs 0.44 crore (Dec'23 Rs 0.81 crore).