The company reported standalone net profit during the quarter stood at Rs 3.96 crore compared to net loss of Rs 10.64 crore in the previous year quarter.
Net revenue of the company rose moderately by 15.30 per cent at Rs 203.81 crore in January-March quarter of this fiscal as against Rs 176.76 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 2.79 per cent to Rs 183.52 crore from Rs 178.54 crore in year ago period.
Other Income dipped by 67.48 per cent at Rs 0.67 crore versus (Mar'24 Rs 2.06 crore).
Operating Profit surged by 1239.89 per cent to Rs 20.29 crore as against Rs -1.78 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1086.14 per cent in March quarter.
Interest declined by 34.41 per cent y-o-y to Rs 4.65 crore, while Taxation increased by 163.64 per cent at Rs 3.15 crore (Mar'24 Rs -4.95 crore).