The company reported standalone net profit of Rs 136.26 crore for the quarter ended December 31, 2024 as compared to Rs 53.72 crore in the same period last year, registering a year-on-year growth of 153.65 per cent.
Net revenue of the company rose marginally by 1.26 per cent at Rs 367.15 crore in October-December quarter of this fiscal as against Rs 362.58 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 2.95 per cent to Rs 298.78 crore from Rs 290.23 crore in year ago period.
Other Income dipped by 9.52 per cent at Rs 7.89 crore versus (Dec'23 Rs 8.72 crore).
Operating Profit slipped by 5.50 per cent to Rs 68.37 crore as against Rs 72.35 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 6.67 per cent in December quarter.
Taxation increased by 69.77 per cent at Rs 29.37 crore (Dec'23 Rs 17.30 crore).