The company reported standalone net profit during the quarter stood at Rs 33.97 crore compared to net loss of Rs 0.40 crore in the previous year quarter.
Net revenue of the company rose substantially by 25.58 per cent at Rs 502.10 crore in January-March quarter of this fiscal as against Rs 399.81 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 12.28 per cent to Rs 437.55 crore from Rs 389.68 crore in year ago period.
Other Income grew by 3.52 per cent at Rs 14.42 crore versus (Mar'24 Rs 13.93 crore).
Operating Profit surged by 537.85 per cent to Rs 64.55 crore as against Rs 10.12 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 408.30 per cent in March quarter.
Interest grew by 705.92 per cent y-o-y to Rs 13.62 crore, while Taxation increased by 319.57 per cent at Rs 9.65 crore (Mar'24 Rs 2.30 crore).