The company reported standalone net profit of Rs 40.56 crore for the quarter ended December 31, 2024 as compared to Rs 40.06 crore in the same period last year, registering a year-on-year growth of 1.25 per cent.
Net revenue of the company rose moderately by 18.50 per cent at Rs 345.84 crore in October-December quarter of this fiscal as against Rs 291.84 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 20.06 per cent to Rs 294.12 crore from Rs 244.98 crore in year ago period.
Other Income dipped by 29.13 per cent at Rs 6.74 crore versus (Dec'23 Rs 9.51 crore).
Operating Profit surged by 10.37 per cent to Rs 51.72 crore as against Rs 46.86 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 6.91 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.05 crore, while Taxation increased by 13.75 per cent at Rs 15.72 crore (Dec'23 Rs 13.82 crore).