Additionally, profit before depreciation and tax (PBDT) increased to Rs 148.77 crore in September 2024, reflecting a 29% growth from Rs 115.27 crore in September 2023.

Jio Financial Services reported a consolidated net profit of Rs 689.07 crore for Q2 FY25, marking a 3.13% increase from Rs 668.18 crore in the same quarter last year.

Tata Capital Housing Finance reported a robust net profit of Rs 342.88 crore for the quarter ending September 2024, reflecting a 17.79% increase from Rs 291.09 crore in the same quarter last year.

Sales for the same quarter surged by 73.17%, totaling Rs 251.06 crore compared to Rs 144.98 crore in the previous year.

The operating profit margin (OPM) for September 2024 was an impressive 56.67%, a significant rise from 30.43% in September 2023.

These financial results indicate strong growth and performance improvements for the company over the past year.

Profit before tax (PBT) also grew by 18%, reaching Rs 459.74 crore, compared to Rs 390.03 crore in the same quarter last year.

The report indicates a significant turnaround in the financial health of S & T Corporation over the year.

The financial results demonstrate strong growth in both sales and profitability for ICICI Lombard General Insurance Company.

Despite the positive trends, employee benefits expenses increased by 11.5% to Rs 15.90 crore during the quarter.

Total expenses rose 71.08% year over year to Rs 218.64 crore, with material costs up 124.46% to Rs 228.70 crore.

Overall, these results reflect a strong performance by L&T Finance in the first quarter of fiscal year 2024.