The company reported standalone net profit of Rs 77.66 crore for the quarter ended December 31, 2024 as compared to Rs 55.08 crore in the same period last year, registering a year-on-year growth of 40.99 per cent.
Net revenue of the company rose moderately by 17.04 per cent at Rs 385.32 crore in October-December quarter of this fiscal as against Rs 329.21 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 9.72 per cent to Rs 279.13 crore from Rs 254.41 crore in year ago period.
Other Income dipped by 7.11 per cent at Rs 4.18 crore versus (Dec'23 Rs 4.50 crore).
Operating Profit surged by 41.97 per cent to Rs 106.19 crore as against Rs 74.80 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 21.30 per cent in December quarter.
Interest declined by 8.51 per cent y-o-y to Rs 0.43 crore, while Taxation increased by 47.19 per cent at Rs 28.29 crore (Dec'23 Rs 19.22 crore).