The company reported standalone net profit of Rs 280.92 crore for the quarter ended December 31, 2024 as compared to Rs 250.37 crore in the same period last year, registering a year-on-year growth of 12.20 per cent.

Net revenue of the company rose moderately by 14.23 per cent at Rs 348.47 crore in October-December quarter of this fiscal as against Rs 305.06 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 6.49 per cent to Rs 5.58 crore from Rs 5.24 crore in year ago period.

Other Income grew by 262.93 per cent at Rs 5.67 crore versus (Dec'23 Rs -3.48 crore).

Operating Profit surged by 14.36 per cent to Rs 342.89 crore as against Rs 299.83 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.12 per cent in December quarter.

Interest grew by 45.72 per cent y-o-y to Rs 67.00 crore, while Taxation increased by 0.00 per cent at Rs 0.65 crore (Dec'23 Rs 0.00 crore).