The company reported standalone net profit of Rs 42.97 crore for the quarter ended December 31, 2024 as compared to Rs 41.19 crore in the same period last year, registering a year-on-year growth of 4.32 per cent.
Net revenue of the company rose by 0.40 per cent at Rs 273.46 crore in October-December quarter of this fiscal as against Rs 272.38 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 0.84 per cent to Rs 221.33 crore from Rs 219.49 crore in year ago period.
Other Income grew by 27.40 per cent at Rs 11.81 crore versus (Dec'23 Rs 9.27 crore).
Operating Profit slipped by 1.44 per cent to Rs 52.13 crore as against Rs 52.89 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.85 per cent in December quarter.
Interest grew by 43.75 per cent y-o-y to Rs 0.46 crore, while Taxation decreased by 3.51 per cent at Rs 14.85 crore (Dec'23 Rs 15.39 crore).