The company reported standalone net profit of Rs 30.35 crore for the quarter ended December 31, 2024 as compared to Rs 20.73 crore in the same period last year, registering a year-on-year growth of 46.41 per cent.
Net revenue of the company rose marginally by 1.35 per cent at Rs 1,277.40 crore in October-December quarter of this fiscal as against Rs 1,260.36 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 0.27 per cent to Rs 1,174.97 crore from Rs 1,171.75 crore in year ago period.
Other Income grew by 372.83 per cent at Rs 16.36 crore versus (Dec'23 Rs 3.46 crore).
Operating Profit surged by 15.60 per cent to Rs 102.43 crore as against Rs 88.61 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 14.08 per cent in December quarter.
Interest grew by 33.13 per cent y-o-y to Rs 47.78 crore, while Taxation increased by 41.00 per cent at Rs 11.28 crore (Dec'23 Rs 8.00 crore).