The company reported standalone net profit of Rs 1.50 crore for the quarter ended September 30, 2024 as compared to Rs 0.28 crore in the same period last year, registering a year-on-year growth of 435.71 per cent.
Net revenue of the company rose substantially by 20.94 per cent at Rs 145.55 crore in July-September quarter of this fiscal as against Rs 120.35 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 20.13 per cent to Rs 144.29 crore from Rs 120.11 crore in year ago period.
Other Income grew by 64.44 per cent at Rs 0.74 crore versus (Sep'23 Rs 0.45 crore).
Operating Profit surged by 425.00 per cent to Rs 1.26 crore as against Rs 0.24 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 335.00 per cent in September quarter.
Taxation increased by 21.95 per cent at Rs 0.50 crore (Sep'23 Rs 0.41 crore).