The company reported standalone net profit of Rs 30.76 crore for the quarter ended September 30, 2024 as compared to Rs 23.65 crore in the same period last year, registering a year-on-year growth of 30.06 per cent.
Net revenue of the company rose moderately by 7.15 per cent at Rs 224.00 crore in July-September quarter of this fiscal as against Rs 209.06 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 3.92 per cent to Rs 184.93 crore from Rs 177.96 crore in year ago period.
Other Income grew by 66.67 per cent at Rs 2.75 crore versus (Sep'23 Rs 1.65 crore).
Operating Profit surged by 25.66 per cent to Rs 39.08 crore as against Rs 31.10 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 17.20 per cent in September quarter.
Interest grew by 125.00 per cent y-o-y to Rs 0.09 crore, while Taxation increased by 18.25 per cent at Rs 10.30 crore (Sep'23 Rs 8.71 crore).