The company reported standalone net profit of Rs 131.31 crore for the quarter ended December 31, 2024 as compared to Rs 92.01 crore in the same period last year, registering a year-on-year growth of 42.71 per cent.
Net revenue of the company rose moderately by 8.41 per cent at Rs 287.33 crore in October-December quarter of this fiscal as against Rs 265.05 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 1.93 per cent to Rs 200.73 crore from Rs 204.68 crore in year ago period.
Other Income grew by 3.42 per cent at Rs 77.41 crore versus (Dec'23 Rs 74.85 crore).
Operating Profit surged by 43.45 per cent to Rs 86.60 crore as against Rs 60.37 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 32.31 per cent in December quarter.
Interest grew by 30.41 per cent y-o-y to Rs 2.83 crore, while Taxation decreased by 38.24 per cent at Rs 17.86 crore (Dec'23 Rs 28.92 crore).