The company reported standalone net profit of Rs 332.33 crore for the quarter ended December 31, 2024 as compared to Rs 245.55 crore in the same period last year, registering a year-on-year growth of 35.34 per cent.
Net revenue of the company rose substantially by 28.31 per cent at Rs 1,585.09 crore in October-December quarter of this fiscal as against Rs 1,235.40 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 20.39 per cent to Rs 1,234.14 crore from Rs 1,025.12 crore in year ago period.
Other Income dipped by 22.41 per cent at Rs 98.06 crore versus (Dec'23 Rs 126.38 crore).
Operating Profit surged by 63.53 per cent to Rs 358.35 crore as against Rs 219.13 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 27.45 per cent in December quarter.
Interest declined by 50.70 per cent y-o-y to Rs 2.82 crore, while Taxation increased by 60.06 per cent at Rs 94.10 crore (Dec'23 Rs 58.79 crore).