The company reported standalone net profit during the quarter stood at Rs 63.35 crore compared to net loss of Rs 0.34 crore in the previous year quarter.
Net revenue of the company rose three fold by 15785.48 per cent at Rs 98.49 crore in January-March quarter of this fiscal as against Rs 0.62 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 802.07 per cent to Rs 17.41 crore from Rs 1.93 crore in year ago period.
Other Income grew by 16.92 per cent at Rs 3.80 crore versus (Mar'24 Rs 3.25 crore).
Operating Profit surged by 6242.42 per cent to Rs 81.08 crore as against Rs -1.32 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 138.48 per cent in March quarter.
Interest declined by 25.00 per cent y-o-y to Rs 0.03 crore, while Taxation increased by 916.11 per cent at Rs 21.44 crore (Mar'24 Rs 2.11 crore).