The company reported standalone net profit of Rs 136.96 crore for the quarter ended December 31, 2024 as compared to Rs 118.77 crore in the same period last year, registering a year-on-year growth of 15.32 per cent.
Net revenue of the company rose moderately by 12.05 per cent at Rs 641.84 crore in October-December quarter of this fiscal as against Rs 572.80 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 12.81 per cent to Rs 451.54 crore from Rs 400.25 crore in year ago period.
Other Income grew by 518.93 per cent at Rs 10.46 crore versus (Dec'23 Rs 1.69 crore).
Operating Profit surged by 10.29 per cent to Rs 190.31 crore as against Rs 172.56 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.56 per cent in December quarter.
Interest grew by 17.95 per cent y-o-y to Rs 0.46 crore, while Taxation increased by 14.96 per cent at Rs 48.19 crore (Dec'23 Rs 41.92 crore).