The company reported standalone net profit during the quarter stood at Rs 83.00 crore compared to net loss of Rs 195.00 crore in the previous year quarter.
Net revenue of the company declined moderately by 11.54 per cent at Rs 6,461.00 crore in January-March quarter of this fiscal as against Rs 7,304.00 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 13.88 per cent to Rs 6,150.00 crore from Rs 7,141.00 crore in year ago period.
Other Income grew by 52.74 per cent at Rs 307.00 crore versus (Mar'24 Rs 201.00 crore).
Operating Profit surged by 90.80 per cent to Rs 311.00 crore as against Rs 163.00 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 115.70 per cent in March quarter.
Interest declined by 21.70 per cent y-o-y to Rs 368.00 crore, while Taxation increased by 1000.00 per cent at Rs 88.00 crore (Mar'24 Rs 8.00 crore).