The company reported standalone net profit of Rs 35.39 crore for the quarter ended December 31, 2024 as compared to Rs 28.07 crore in the same period last year, registering a year-on-year growth of 26.08 per cent.
Net revenue of the company rose substantially by 61.46 per cent at Rs 814.55 crore in October-December quarter of this fiscal as against Rs 504.49 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 63.96 per cent to Rs 738.55 crore from Rs 450.44 crore in year ago period.
Other Income dipped by 60.29 per cent at Rs 5.19 crore versus (Dec'23 Rs 13.07 crore).
Operating Profit surged by 42.05 per cent to Rs 79.49 crore as against Rs 55.96 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 11.99 per cent in December quarter.
Interest grew by 58.22 per cent y-o-y to Rs 20.60 crore, while Taxation increased by 4.01 per cent at Rs 19.20 crore (Dec'23 Rs 18.46 crore).