The company reported standalone net profit of Rs 85.15 crore for the quarter ended December 31, 2024 as compared to Rs 61.46 crore in the same period last year, registering a year-on-year growth of 38.55 per cent.
Net revenue of the company rose substantially by 28.07 per cent at Rs 410.94 crore in October-December quarter of this fiscal as against Rs 320.86 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 24.90 per cent to Rs 295.34 crore from Rs 236.46 crore in year ago period.
Other Income grew by 31.34 per cent at Rs 21.75 crore versus (Dec'23 Rs 16.56 crore).
Operating Profit surged by 36.97 per cent to Rs 115.60 crore as against Rs 84.40 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.96 per cent in December quarter.
Interest declined by 6.57 per cent y-o-y to Rs 3.13 crore, while Taxation increased by 36.89 per cent at Rs 28.24 crore (Dec'23 Rs 20.63 crore).