The company reported standalone net profit of Rs 25.36 crore for the quarter ended December 31, 2024 as compared to Rs 22.47 crore in the same period last year, registering a year-on-year growth of 12.86 per cent.

Net revenue of the company rose by 5.06 per cent at Rs 375.07 crore in October-December quarter of this fiscal as against Rs 357.00 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 4.10 per cent to Rs 322.62 crore from Rs 309.91 crore in year ago period.

Other Income grew by 77.42 per cent at Rs 0.55 crore versus (Dec'23 Rs 0.31 crore).

Operating Profit surged by 11.38 per cent to Rs 52.45 crore as against Rs 47.09 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.99 per cent in December quarter.

Interest grew by 43.20 per cent y-o-y to Rs 3.58 crore, while Taxation decreased by 0.84 per cent at Rs 9.46 crore (Dec'23 Rs 9.54 crore).