The company reported standalone net profit of Rs 43.87 crore for the quarter ended December 31, 2024 as compared to Rs 29.50 crore in the same period last year, registering a year-on-year growth of 48.71 per cent.
Net revenue of the company rose substantially by 33.31 per cent at Rs 270.44 crore in October-December quarter of this fiscal as against Rs 202.86 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 26.21 per cent to Rs 207.25 crore from Rs 164.21 crore in year ago period.
Other Income dipped by 74.71 per cent at Rs 1.74 crore versus (Dec'23 Rs 6.88 crore).
Operating Profit surged by 63.45 per cent to Rs 63.19 crore as against Rs 38.66 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 22.61 per cent in December quarter.
Interest declined by 25.45 per cent y-o-y to Rs 0.41 crore, while Taxation increased by 44.72 per cent at Rs 14.11 crore (Dec'23 Rs 9.75 crore).