The company reported standalone net profit of Rs 252.45 crore for the quarter ended December 31, 2024 as compared to Rs 220.15 crore in the same period last year, registering a year-on-year growth of 14.67 per cent.
Net revenue of the company rose marginally by 1.53 per cent at Rs 1,101.92 crore in October-December quarter of this fiscal as against Rs 1,085.29 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 0.99 per cent to Rs 765.59 crore from Rs 758.11 crore in year ago period.
Other Income grew by 142.02 per cent at Rs 33.23 crore versus (Dec'23 Rs 13.73 crore).
Operating Profit surged by 2.80 per cent to Rs 336.33 crore as against Rs 327.18 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1.23 per cent in December quarter.
Interest grew by 5.08 per cent y-o-y to Rs 2.48 crore, while Taxation decreased by 6.22 per cent at Rs 79.70 crore (Dec'23 Rs 84.99 crore).