The company reported standalone net profit of Rs 2,693.50 crore for the quarter ended December 31, 2024 as compared to Rs 1166.40 crore in the same period last year, registering a year-on-year growth of 130.92 per cent.
Net revenue of the company rose triple digit by 191.39 per cent at Rs 3,038.00 crore in October-December quarter of this fiscal as against Rs 1,042.60 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 74.66 per cent to Rs 25.50 crore from Rs 14.60 crore in year ago period.
Operating Profit surged by 193.04 per cent to Rs 3,012.50 crore as against Rs 1,028.00 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.57 per cent in December quarter.
Interest grew by 1682.49 per cent y-o-y to Rs 315.50 crore, while Taxation increased by 0.00 per cent at Rs 3.50 crore (Dec'23 Rs 0.00 crore).