The company reported standalone net profit of Rs 30.55 crore for the quarter ended December 31, 2024 as compared to Rs 28.21 crore in the same period last year, registering a year-on-year growth of 8.29 per cent.
Net revenue of the company rose moderately by 12.62 per cent at Rs 234.90 crore in October-December quarter of this fiscal as against Rs 208.58 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 13.51 per cent to Rs 196.41 crore from Rs 173.04 crore in year ago period.
Other Income grew by 15.81 per cent at Rs 2.93 crore versus (Dec'23 Rs 2.53 crore).
Operating Profit surged by 8.30 per cent to Rs 38.49 crore as against Rs 35.54 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 3.87 per cent in December quarter.
Interest grew by 50.00 per cent y-o-y to Rs 0.06 crore, while Taxation increased by 6.66 per cent at Rs 10.09 crore (Dec'23 Rs 9.46 crore).