Mumbai, Feb. 15 -- Total Expenses during the period under review rose by 8% YoY to Rs 451 crore, due to higher operating expenses (up 10% YoY), higher employee expenses (up 6% YoY) and higher other expenses (up 14% YoY).

Profit before tax in Q3 FY24 stood at Rs 591.31 crore, up by 6.18% from Rs 556.91 crore in Q3 FY23.

The company's board has approved an interim dividend of Rs 2.50 per share for the financial year 2023-24.

Based on the recommendation of nomination & remuneration committee, the board of directors has approved the re- appointment of Rajaraman Mahesh Kumar as the managing director of the company for further period of five years with effect from 1 April 2024 and subject to approval of the shareholders.

The board has also ...