The company reported standalone net profit of Rs 251.85 crore for the quarter ended December 31, 2024 as compared to Rs 227.58 crore in the same period last year, registering a year-on-year growth of 10.66 per cent.
Net revenue of the company rose moderately by 10.26 per cent at Rs 265.44 crore in October-December quarter of this fiscal as against Rs 240.74 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 6.84 per cent to Rs 2.81 crore from Rs 2.63 crore in year ago period.
Other Income dipped by 25.00 per cent at Rs 1.53 crore versus (Dec'23 Rs 2.04 crore).
Operating Profit surged by 10.30 per cent to Rs 262.63 crore as against Rs 238.11 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.03 per cent in December quarter.
Interest declined by 0.43 per cent y-o-y to Rs 11.65 crore, while Taxation decreased by 25.29 per cent at Rs 0.65 crore (Dec'23 Rs 0.87 crore).