The company reported standalone net profit of Rs 134.91 crore for the quarter ended December 31, 2024 as compared to Rs 90.31 crore in the same period last year, registering a year-on-year growth of 49.39 per cent.

Net revenue of the company rose substantially by 33.26 per cent at Rs 147.49 crore in October-December quarter of this fiscal as against Rs 110.68 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 45.71 per cent to Rs 7.81 crore from Rs 5.36 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 9.89 crore versus (Dec'23 Rs 0.00 crore).

Operating Profit surged by 32.63 per cent to Rs 139.69 crore as against Rs 105.32 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.47 per cent in December quarter.

Interest grew by 55.43 per cent y-o-y to Rs 21.62 crore, while Taxation decreased by 727.03 per cent at Rs -6.96 crore (Dec'23 Rs 1.11 crore).