The company reported standalone net profit during the quarter stood at Rs 133.02 crore compared to net loss of Rs 0.15 crore in the previous year quarter.
Net revenue of the company declined by 0.99 per cent at Rs 1,927.82 crore in January-March quarter of this fiscal as against Rs 1,947.09 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 4.74 per cent to Rs 1,757.02 crore from Rs 1,844.51 crore in year ago period.
Other Income dipped by 9.33 per cent at Rs 13.02 crore versus (Mar'24 Rs 14.36 crore).
Operating Profit surged by 47.51 per cent to Rs 181.79 crore as against Rs 123.24 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 48.97 per cent in March quarter.
Interest grew by 7.56 per cent y-o-y to Rs 49.34 crore, while Taxation increased by 256.66 per cent at Rs 42.08 crore (Mar'24 Rs -26.86 crore).