The company reported standalone net profit during the quarter stood at Rs 13.09 crore compared to net loss of Rs 29.18 crore in the previous year quarter.
Net revenue of the company rose three fold by 525.03 per cent at Rs 750.35 crore in January-March quarter of this fiscal as against Rs 120.05 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 631.99 per cent to Rs 717.57 crore from Rs 98.03 crore in year ago period.
Other Income dipped by 33.11 per cent at Rs 5.07 crore versus (Mar'24 Rs 7.58 crore).
Operating Profit surged by 37.06 per cent to Rs 36.80 crore as against Rs 26.85 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 78.10 per cent in March quarter.
Interest declined by 42.02 per cent y-o-y to Rs 11.99 crore, while Taxation increased by 149.97 per cent at Rs 7.55 crore (Mar'24 Rs -15.11 crore).