The company reported standalone net profit of Rs 52.16 crore for the quarter ended March 31, 2025 as compared to Rs 8.81 crore in the same period last year, registering a year-on-year growth of 492.05 per cent.
Net revenue of the company rose substantially by 88.77 per cent at Rs 491.96 crore in January-March quarter of this fiscal as against Rs 260.61 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 59.66 per cent to Rs 432.94 crore from Rs 271.16 crore in year ago period.
Other Income grew by 42.71 per cent at Rs 47.95 crore versus (Mar'24 Rs 33.60 crore).
Operating Profit surged by 659.00 per cent to Rs 59.03 crore as against Rs -10.56 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 396.30 per cent in March quarter.
Interest grew by 101.45 per cent y-o-y to Rs 38.90 crore, while Taxation increased by 198.66 per cent at Rs 10.32 crore (Mar'24 Rs -10.46 crore).