The company reported standalone net profit of Rs 27.44 crore for the quarter ended December 31, 2024 as compared to Rs 23.47 crore in the same period last year, registering a year-on-year growth of 16.92 per cent.

Net revenue of the company rose marginally by 4.14 per cent at Rs 425.50 crore in October-December quarter of this fiscal as against Rs 408.58 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 2.97 per cent to Rs 378.76 crore from Rs 367.84 crore in year ago period.

Other Income grew by 6.60 per cent at Rs 12.59 crore versus (Dec'23 Rs 11.81 crore).

Operating Profit surged by 14.75 per cent to Rs 46.75 crore as against Rs 40.74 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 10.23 per cent in December quarter.

Interest grew by 14.88 per cent y-o-y to Rs 1.39 crore, while Taxation increased by 20.93 per cent at Rs 10.17 crore (Dec'23 Rs 8.41 crore).