The company has announced a board meeting on 3rd November 2023 to discuss and approve the financial results for the quarter and half-year. Key highlights include total income of ₹150 crore (cr) for the quarter, marking a 20% increase year-on-year. Operating profit before interest and tax stands at ₹45 crore (cr), reflecting a healthy margin of 30%. Net profit is reported at ₹30 crore (cr), resulting in earnings per share (EPS) of ₹3.
For the half-year, total income reached ₹300 crore (cr), with a 25% growth compared to the same period last year. Operating profit before interest and tax is ₹90 crore (cr), and net profit totals ₹60 crore (cr), with an EPS of ₹6.
The company also confirmed the payment of interest and principal on its outstanding debts, reinforcing its commitment to financial discipline. The management's outlook remains positive, focusing on strategic growth initiatives to sustain momentum in the coming quarters.