The company reported standalone net profit of Rs 145.55 crore for the quarter ended December 31, 2024 as compared to Rs 134.47 crore in the same period last year, registering a year-on-year growth of 8.24 per cent.
Net revenue of the company rose moderately by 7.92 per cent at Rs 1,293.53 crore in October-December quarter of this fiscal as against Rs 1,198.61 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 7.46 per cent to Rs 1,079.59 crore from Rs 1,004.62 crore in year ago period.
Other Income grew by 3.26 per cent at Rs 13.64 crore versus (Dec'23 Rs 13.21 crore).
Operating Profit surged by 10.28 per cent to Rs 213.94 crore as against Rs 193.99 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.22 per cent in December quarter.
Interest declined by 40.31 per cent y-o-y to Rs 4.19 crore, while Taxation increased by 23.05 per cent at Rs 54.88 crore (Dec'23 Rs 44.60 crore).