The company reported standalone net profit of Rs 30.34 crore for the quarter ended December 31, 2024 as compared to Rs 0.21 crore in the same period last year, registering a year-on-year growth of 14347.62 per cent.
Net revenue of the company rose moderately by 7.02 per cent at Rs 216.14 crore in October-December quarter of this fiscal as against Rs 201.96 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 15.94 per cent to Rs 137.02 crore from Rs 118.18 crore in year ago period.
Other Income grew by 152.84 per cent at Rs 10.67 crore versus (Dec'23 Rs 4.22 crore).
Operating Profit slipped by 5.59 per cent to Rs 79.11 crore as against Rs 83.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 11.79 per cent in December quarter.
Interest declined by 59.71 per cent y-o-y to Rs 27.18 crore, while Taxation increased by 25525.00 per cent at Rs 10.25 crore (Dec'23 Rs 0.04 crore).