The company reported standalone net profit during the quarter stood at Rs 12.33 crore compared to net loss of Rs 9.16 crore in the previous year quarter.
Net revenue of the company rose moderately by 19.54 per cent at Rs 258.03 crore in January-March quarter of this fiscal as against Rs 215.85 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 6.50 per cent to Rs 225.21 crore from Rs 211.46 crore in year ago period.
Other Income dipped by 24.26 per cent at Rs 3.34 crore versus (Mar'24 Rs 4.41 crore).
Operating Profit surged by 647.61 per cent to Rs 32.82 crore as against Rs 4.39 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 526.60 per cent in March quarter.
Interest declined by 6.87 per cent y-o-y to Rs 8.67 crore, while Taxation increased by 257.50 per cent at Rs 4.41 crore (Mar'24 Rs -2.80 crore).