Sustained Operating Leverage from Scale
What: Operating profit margin expanded from 6.03% (Sep 2023) to 11.45% (Dec 2025), demonstrating 542 basis point improvement over 27 months as revenue scaled from ₹47 crore to ₹290 crore
When: Visible through Q3 FY26; continuation expected if revenue growth sustains above 40% YoY
Impact: Each 1% operating margin improvement on ₹290+ crore revenue base adds ₹2.9 crore to operating profit - Data Support: EBITDA at ₹33.3 crore (Q3 FY26) demonstrates efficient cost absorption relative to revenue expansion