The company reported standalone net profit of Rs 90.00 crore for the quarter ended September 30, 2024 as compared to Rs 48.57 crore in the same period last year, registering a year-on-year growth of 85.30 per cent.

Net revenue of the company rose substantially by 43.42 per cent at Rs 468.80 crore in July-September quarter of this fiscal as against Rs 326.88 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 34.07 per cent to Rs 359.50 crore from Rs 268.14 crore in year ago period.

Other Income grew by 46.42 per cent at Rs 17.60 crore versus (Sep'23 Rs 12.02 crore).

Operating Profit surged by 86.07 per cent to Rs 109.30 crore as against Rs 58.74 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 29.72 per cent in September quarter.

Interest grew by 18.64 per cent y-o-y to Rs 0.70 crore, while Taxation increased by 86.34 per cent at Rs 31.10 crore (Sep'23 Rs 16.69 crore).