The company reported standalone net profit of Rs 40.08 crore for the quarter ended December 31, 2024 as compared to Rs 31.75 crore in the same period last year, registering a year-on-year growth of 26.24 per cent.

Net revenue of the company rose moderately by 7.25 per cent at Rs 941.98 crore in October-December quarter of this fiscal as against Rs 878.27 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 7.19 per cent to Rs 861.83 crore from Rs 804.04 crore in year ago period.

Other Income grew by 62.94 per cent at Rs 2.33 crore versus (Dec'23 Rs 1.43 crore).

Operating Profit surged by 7.96 per cent to Rs 80.15 crore as against Rs 74.24 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.71 per cent in December quarter.

Interest declined by 5.32 per cent y-o-y to Rs 19.95 crore, while Taxation decreased by 14.90 per cent at Rs 12.17 crore (Dec'23 Rs 14.30 crore).