The company reported standalone net profit of Rs 0.23 crore for the quarter ended December 31, 2024 as compared to Rs 0.12 crore in the same period last year, registering a year-on-year growth of 91.67 per cent.
Net revenue of the company rose three fold by 692.12 per cent at Rs 19.09 crore in October-December quarter of this fiscal as against Rs 2.41 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 786.45 per cent to Rs 18.97 crore from Rs 2.14 crore in year ago period.
Other Income grew by 616.67 per cent at Rs 0.43 crore versus (Dec'23 Rs 0.06 crore).
Operating Profit slipped by 50.00 per cent to Rs 0.13 crore as against Rs 0.26 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 93.89 per cent in December quarter.
Interest declined by 66.67 per cent y-o-y to Rs 0.01 crore, while Taxation decreased by 75.00 per cent at Rs 0.02 crore (Dec'23 Rs 0.08 crore).