The company reported standalone net profit of Rs 27.63 crore for the quarter ended December 31, 2024 as compared to Rs 17.19 crore in the same period last year, registering a year-on-year growth of 60.73 per cent.
Net revenue of the company rose substantially by 71.33 per cent at Rs 1,281.96 crore in October-December quarter of this fiscal as against Rs 748.26 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 72.54 per cent to Rs 1,261.68 crore from Rs 731.23 crore in year ago period.
Other Income grew by 179.11 per cent at Rs 26.85 crore versus (Dec'23 Rs 9.62 crore).
Operating Profit surged by 19.08 per cent to Rs 20.28 crore as against Rs 17.03 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 30.70 per cent in December quarter.
Interest grew by 190.45 per cent y-o-y to Rs 9.73 crore, while Taxation increased by 57.36 per cent at Rs 9.41 crore (Dec'23 Rs 5.98 crore).