The company reported standalone net profit of Rs 166.30 crore for the quarter ended September 30, 2024 as compared to Rs 48.36 crore in the same period last year, registering a year-on-year growth of 243.88 per cent.

Net revenue of the company rose moderately by 18.15 per cent at Rs 114.88 crore in July-September quarter of this fiscal as against Rs 97.23 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 84.30 per cent to Rs 7.52 crore from Rs 47.90 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 105.54 crore versus (Sep'23 Rs 0.00 crore).

Operating Profit surged by 117.64 per cent to Rs 107.36 crore as against Rs 49.33 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 84.21 per cent in September quarter.

Interest grew by 215.42 per cent y-o-y to Rs 20.66 crore, while Taxation increased by 564.04 per cent at Rs 25.94 crore (Sep'23 Rs -5.59 crore).