The company reported standalone net profit of Rs 15.66 crore for the quarter ended December 31, 2024 as compared to Rs 9.17 crore in the same period last year, registering a year-on-year growth of 70.77 per cent.
Net revenue of the company rose substantially by 32.01 per cent at Rs 305.04 crore in October-December quarter of this fiscal as against Rs 231.08 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 29.54 per cent to Rs 279.54 crore from Rs 215.79 crore in year ago period.
Other Income grew by 47.92 per cent at Rs 0.71 crore versus (Dec'23 Rs 0.48 crore).
Operating Profit surged by 66.78 per cent to Rs 25.50 crore as against Rs 15.29 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 26.28 per cent in December quarter.
Interest grew by 114.63 per cent y-o-y to Rs 1.76 crore, while Taxation increased by 73.46 per cent at Rs 5.36 crore (Dec'23 Rs 3.09 crore).