The company reported standalone net profit of Rs 128.54 crore for the quarter ended December 31, 2024 as compared to Rs 68.24 crore in the same period last year, registering a year-on-year growth of 88.36 per cent.

Net revenue of the company rose moderately by 6.29 per cent at Rs 1,057.19 crore in October-December quarter of this fiscal as against Rs 994.64 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 6.37 per cent to Rs 888.01 crore from Rs 834.86 crore in year ago period.

Other Income grew by 355.15 per cent at Rs 15.02 crore versus (Dec'23 Rs 3.30 crore).

Operating Profit surged by 1.32 per cent to Rs 166.21 crore as against Rs 164.05 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4.67 per cent in December quarter.

Interest declined by 7.27 per cent y-o-y to Rs 30.37 crore, while Taxation increased by 46.10 per cent at Rs 35.18 crore (Dec'23 Rs 24.08 crore).