The company reported standalone net profit of Rs 125.97 crore for the quarter ended December 31, 2024 as compared to Rs 103.95 crore in the same period last year, registering a year-on-year growth of 21.18 per cent.
Net revenue of the company rose moderately by 7.21 per cent at Rs 685.55 crore in October-December quarter of this fiscal as against Rs 639.46 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 3.97 per cent to Rs 502.84 crore from Rs 483.65 crore in year ago period.
Other Income grew by 27.82 per cent at Rs 9.19 crore versus (Dec'23 Rs 7.19 crore).
Operating Profit surged by 17.26 per cent to Rs 182.71 crore as against Rs 155.81 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 9.36 per cent in December quarter.
Interest grew by 30.77 per cent y-o-y to Rs 4.25 crore, while Taxation increased by 17.33 per cent at Rs 41.17 crore (Dec'23 Rs 35.09 crore).