The company reported standalone net profit of Rs 104.57 crore for the quarter ended December 31, 2024 as compared to Rs 77.61 crore in the same period last year, registering a year-on-year growth of 34.74 per cent.
Net revenue of the company rose substantially by 84.84 per cent at Rs 675.90 crore in October-December quarter of this fiscal as against Rs 365.66 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 79.81 per cent to Rs 576.68 crore from Rs 320.71 crore in year ago period.
Other Income grew by 5.33 per cent at Rs 43.86 crore versus (Dec'23 Rs 41.64 crore).
Operating Profit surged by 120.78 per cent to Rs 99.22 crore as against Rs 44.94 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 19.45 per cent in December quarter.
Interest declined by 36.71 per cent y-o-y to Rs 2.50 crore, while Taxation increased by 988.10 per cent at Rs 33.84 crore (Dec'23 Rs 3.11 crore).