The company reported standalone net profit of Rs 34.80 crore for the quarter ended December 31, 2024 as compared to Rs 10.08 crore in the same period last year, registering a year-on-year growth of 245.24 per cent.
Net revenue of the company rose triple digit by 102.98 per cent at Rs 178.18 crore in October-December quarter of this fiscal as against Rs 87.78 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 74.71 per cent to Rs 127.87 crore from Rs 73.19 crore in year ago period.
Other Income dipped by 77.66 per cent at Rs 0.21 crore versus (Dec'23 Rs 0.94 crore).
Operating Profit surged by 244.83 per cent to Rs 50.31 crore as against Rs 14.59 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 69.92 per cent in December quarter.
Interest grew by 566.67 per cent y-o-y to Rs 0.80 crore, while Taxation increased by 229.66 per cent at Rs 11.67 crore (Dec'23 Rs 3.54 crore).