The company reported standalone net profit of Rs 54.80 crore for the quarter ended December 31, 2024 as compared to Rs 51.38 crore in the same period last year, registering a year-on-year growth of 6.66 per cent.

Net revenue of the company rose moderately by 7.96 per cent at Rs 625.59 crore in October-December quarter of this fiscal as against Rs 579.46 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 6.63 per cent to Rs 542.25 crore from Rs 508.54 crore in year ago period.

Other Income dipped by 17.15 per cent at Rs 8.84 crore versus (Dec'23 Rs 10.67 crore).

Operating Profit surged by 17.50 per cent to Rs 83.34 crore as against Rs 70.93 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 8.82 per cent in December quarter.

Interest grew by 49.10 per cent y-o-y to Rs 4.95 crore, while Taxation increased by 30.09 per cent at Rs 19.80 crore (Dec'23 Rs 15.22 crore).