The company reported standalone net profit during the quarter stood at Rs 248.49 crore compared to net loss of Rs 700.92 crore in the previous year quarter.
Net revenue of the company rose moderately by 6.21 per cent at Rs 2,159.97 crore in January-March quarter of this fiscal as against Rs 2,033.59 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 13.29 per cent to Rs 1,690.71 crore from Rs 1,492.39 crore in year ago period.
Other Income dipped by 2.69 per cent at Rs 58.94 crore versus (Mar'24 Rs 60.57 crore).
Operating Profit slipped by 8.69 per cent to Rs 494.17 crore as against Rs 541.20 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 14.02 per cent in March quarter.
Interest grew by 48.13 per cent y-o-y to Rs 54.91 crore, while Taxation increased by 8.48 per cent at Rs 190.43 crore (Mar'24 Rs 175.55 crore).