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Profit before tax in Q2 FY24 stood at Rs 23.64 crore, up 20.34% from Rs 19.65 crore recorded in the corresponding quarter previous year.
Total expenses jumped 69.9% YoY to Rs 259.37 crore during the quarter. Cost of services was at Rs 247.44 crore (up 71.41% YoY) while employee benefit expenses stood at Rs 7.24 crore (up 57.71% YoY) during the period under review.
On half-yearly basis, the company's net profit grew 9.21% to Rs 30.85 crore on 65.55% surge in revenue from operations to Rs 548.81 crore in H1 FY24 over H1 FY23.
Dreamfolks Services is India's largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging a technology driven platform.
The scrip rose 0.99% to currently trade at Rs 509.30 on the BSE.
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