The company reported standalone net profit of Rs 212.76 crore for the quarter ended December 31, 2024 as compared to Rs 74.13 crore in the same period last year, registering a year-on-year growth of 187.01 per cent.
Net revenue of the company rose triple digit by 135.30 per cent at Rs 281.54 crore in October-December quarter of this fiscal as against Rs 119.65 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 19.54 per cent to Rs 6.30 crore from Rs 5.27 crore in year ago period.
Other Income grew by 106.93 per cent at Rs 10.45 crore versus (Dec'23 Rs 5.05 crore).
Operating Profit surged by 140.64 per cent to Rs 275.24 crore as against Rs 114.38 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.27 per cent in December quarter.
Interest grew by 70.35 per cent y-o-y to Rs 73.44 crore, while Taxation decreased by 122.83 per cent at Rs -0.50 crore (Dec'23 Rs 2.19 crore).