The company reported standalone net profit of Rs 2.82 crore for the quarter ended December 31, 2018 as compared to Rs 2.02 crore in the same period last year, registering a year-on-year growth of 39.60 per cent.
Net revenue of the company rose moderately by 18.47 per cent at Rs 22.96 crore in October-December quarter of this fiscal as against Rs 19.38 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 18.39 per cent to Rs 18.09 crore from Rs 15.28 crore in year ago period.
Other Income grew by 90.91 per cent at Rs 0.21 crore versus (Dec'17 Rs 0.11 crore).
Operating Profit surged by 19.02 per cent to Rs 4.88 crore as against Rs 4.10 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.47 per cent in December quarter.
Interest grew by 52.94 per cent y-o-y to Rs 0.26 crore, while Taxation increased by 5.32 per cent at Rs 0.99 crore (Dec'17 Rs 0.94 crore).