The company reported standalone net profit during the quarter stood at Rs 97.18 crore compared to net loss of Rs 16.54 crore in the previous year quarter.
Net revenue of the company rose moderately by 10.87 per cent at Rs 251.76 crore in October-December quarter of this fiscal as against Rs 227.07 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 3.24 per cent to Rs 245.38 crore from Rs 237.69 crore in year ago period.
Other Income grew by 2150.00 per cent at Rs 1.35 crore versus (Dec'23 Rs 0.06 crore).
Operating Profit surged by 160.08 per cent to Rs 6.38 crore as against Rs -10.62 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 154.39 per cent in December quarter.
Interest grew by 19300.00 per cent y-o-y to Rs 1.94 crore