The company reported standalone net profit of Rs 57.83 crore for the quarter ended December 31, 2024 as compared to Rs 25.78 crore in the same period last year, registering a year-on-year growth of 124.32 per cent.
Net revenue of the company rose substantially by 40.56 per cent at Rs 4,304.29 crore in October-December quarter of this fiscal as against Rs 3,062.32 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 39.74 per cent to Rs 4,185.48 crore from Rs 2,995.17 crore in year ago period.
Other Income dipped by 8.67 per cent at Rs 6.11 crore versus (Dec'23 Rs 6.69 crore).
Operating Profit surged by 76.91 per cent to Rs 118.81 crore as against Rs 67.16 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 26.03 per cent in December quarter.
Interest grew by 15.45 per cent y-o-y to Rs 38.19 crore, while Taxation increased by 110.00 per cent at Rs 15.54 crore (Dec'23 Rs 7.40 crore).