The company reported standalone net profit of Rs 147.13 crore for the quarter ended December 31, 2024 as compared to Rs 135.03 crore in the same period last year, registering a year-on-year growth of 8.96 per cent.

Net revenue of the company rose substantially by 32.86 per cent at Rs 799.29 crore in October-December quarter of this fiscal as against Rs 601.62 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 46.06 per cent to Rs 705.26 crore from Rs 482.87 crore in year ago period.

Other Income dipped by 3.63 per cent at Rs 84.42 crore versus (Dec'23 Rs 87.60 crore).

Operating Profit surged by 6.84 per cent to Rs 126.87 crore as against Rs 118.75 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 19.60 per cent in December quarter.

Interest declined by 7.79 per cent y-o-y to Rs 0.71 crore, while Taxation decreased by 15.37 per cent at Rs 45.76 crore (Dec'23 Rs 54.07 crore).