The company reported standalone net profit of Rs 48.75 crore for the quarter ended December 31, 2024 as compared to Rs 31.12 crore in the same period last year, registering a year-on-year growth of 56.65 per cent.
Net revenue of the company rose substantially by 30.81 per cent at Rs 239.46 crore in October-December quarter of this fiscal as against Rs 183.06 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 24.04 per cent to Rs 158.79 crore from Rs 128.02 crore in year ago period.
Other Income grew by 144.72 per cent at Rs 14.61 crore versus (Dec'23 Rs 5.97 crore).
Operating Profit surged by 46.57 per cent to Rs 80.67 crore as against Rs 55.04 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 12.04 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 3.66 crore, while Taxation increased by 59.26 per cent at Rs 16.42 crore (Dec'23 Rs 10.31 crore).