The company reported standalone net profit of Rs 3.64 crore for the quarter ended December 31, 2024 as compared to Rs 12.03 crore in the same period last year, registering a year-on-year decline of 69.74 per cent.
Net revenue of the company rose marginally by 3.43 per cent at Rs 117.39 crore in October-December quarter of this fiscal as against Rs 113.50 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 2.57 per cent to Rs 106.13 crore from Rs 103.47 crore in year ago period.
Other Income dipped by 77.64 per cent at Rs 2.97 crore versus (Dec'23 Rs 13.28 crore).
Operating Profit surged by 12.26 per cent to Rs 11.26 crore as against Rs 10.03 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 8.48 per cent in December quarter.
Interest grew by 373.33 per cent y-o-y to Rs 0.71 crore, while Taxation decreased by 37.50 per cent at Rs 1.65 crore (Dec'23 Rs 2.64 crore).