The company reported standalone net profit of Rs 34.77 crore for the quarter ended December 31, 2024 as compared to Rs 26.09 crore in the same period last year, registering a year-on-year growth of 33.27 per cent.
Net revenue of the company rose substantially by 30.33 per cent at Rs 153.74 crore in October-December quarter of this fiscal as against Rs 117.96 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 29.26 per cent to Rs 110.65 crore from Rs 85.60 crore in year ago period.
Other Income grew by 49.05 per cent at Rs 4.71 crore versus (Dec'23 Rs 3.16 crore).
Operating Profit surged by 33.16 per cent to Rs 43.09 crore as against Rs 32.36 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.19 per cent in December quarter.
Interest grew by 166.67 per cent y-o-y to Rs 0.08 crore, while Taxation increased by 37.14 per cent at Rs 12.00 crore (Dec'23 Rs 8.75 crore).