The company reported standalone net profit during the quarter stood at Rs 15.62 crore compared to net loss of Rs 44.07 crore in the previous year quarter.
Net revenue of the company rose substantially by 23.72 per cent at Rs 272.60 crore in January-March quarter of this fiscal as against Rs 220.33 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 2.70 per cent to Rs 239.33 crore from Rs 245.98 crore in year ago period.
Other Income grew by 61.08 per cent at Rs 8.94 crore versus (Mar'24 Rs 5.55 crore).
Operating Profit surged by 229.71 per cent to Rs 33.27 crore as against Rs -25.65 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 204.81 per cent in March quarter.
Interest grew by 25.65 per cent y-o-y to Rs 17.44 crore, while Taxation decreased by 19.31 per cent at Rs -3.72 crore (Mar'24 Rs -4.61 crore).