The company reported standalone net profit during the quarter stood at Rs 21.38 crore compared to net loss of Rs 21.24 crore in the previous year quarter.
Net revenue of the company rose moderately by 7.37 per cent at Rs 1,075.47 crore in January-March quarter of this fiscal as against Rs 1,001.62 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 1.14 per cent to Rs 961.72 crore from Rs 972.77 crore in year ago period.
Other Income grew by 861.81 per cent at Rs 24.43 crore versus (Mar'24 Rs 2.54 crore).
Operating Profit surged by 294.28 per cent to Rs 113.75 crore as against Rs 28.85 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 267.36 per cent in March quarter.
Interest grew by 50.58 per cent y-o-y to Rs 18.19 crore, while Taxation increased by 102.44 per cent at Rs 1.37 crore (Mar'24 Rs -56.17 crore).