The company reported standalone net profit during the quarter stood at Rs 51.22 crore compared to net loss of Rs 114.97 crore in the previous year quarter.
Net revenue of the company rose moderately by 15.53 per cent at Rs 461.24 crore in January-March quarter of this fiscal as against Rs 399.24 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.78 per cent to Rs 386.26 crore from Rs 368.65 crore in year ago period.
Other Income dipped by 14.06 per cent at Rs 6.05 crore versus (Mar'24 Rs 7.04 crore).
Operating Profit surged by 145.11 per cent to Rs 74.98 crore as against Rs 30.59 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 112.27 per cent in March quarter.
Interest declined by 13.07 per cent y-o-y to Rs 1.53 crore, while Taxation increased by 0.00 per cent at Rs 4.81 crore (Mar'24 Rs 0.00 crore).