The company reported standalone net profit of Rs 203.56 crore for the quarter ended December 31, 2024 as compared to Rs 161.12 crore in the same period last year, registering a year-on-year growth of 26.34 per cent.
Net revenue of the company rose by 5.03 per cent at Rs 2,403.94 crore in October-December quarter of this fiscal as against Rs 2,288.79 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 2.08 per cent to Rs 2,093.92 crore from Rs 2,051.33 crore in year ago period.
Other Income dipped by 15.77 per cent at Rs 72.71 crore versus (Dec'23 Rs 86.32 crore).
Operating Profit surged by 30.56 per cent to Rs 310.02 crore as against Rs 237.46 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 24.40 per cent in December quarter.
Interest declined by 3.00 per cent y-o-y to Rs 18.76 crore, while Taxation increased by 32.93 per cent at Rs 60.31 crore (Dec'23 Rs 45.37 crore).