The company reported standalone net profit during the quarter stood at Rs 32.51 crore compared to net loss of Rs 11.77 crore in the previous year quarter.
Net revenue of the company rose three fold by 828.64 per cent at Rs 83.02 crore in January-March quarter of this fiscal as against Rs 8.94 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 220.06 per cent to Rs 66.06 crore from Rs 20.64 crore in year ago period.
Other Income grew by 164.29 per cent at Rs 0.74 crore versus (Mar'24 Rs 0.28 crore).
Operating Profit surged by 244.87 per cent to Rs 16.95 crore as against Rs -11.70 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 115.60 per cent in March quarter.
Interest grew by 236.17 per cent y-o-y to Rs 1.58 crore, while Taxation increased by 2566.15 per cent at Rs -17.33 crore (Mar'24 Rs -0.65 crore).