The company reported standalone net profit during the quarter stood at Rs 95.11 crore compared to net loss of Rs 123.97 crore in the previous year quarter.
Net revenue of the company rose three fold by 1341.55 per cent at Rs 699.01 crore in January-March quarter of this fiscal as against Rs 48.49 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 950.46 per cent to Rs 555.80 crore from Rs 52.91 crore in year ago period.
Other Income dipped by 91.76 per cent at Rs 1.15 crore versus (Mar'24 Rs 13.96 crore).
Operating Profit surged by 3340.05 per cent to Rs 143.21 crore as against Rs -4.42 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 324.67 per cent in March quarter.
Interest declined by 65.50 per cent y-o-y to Rs 44.72 crore, while Taxation increased by 0.00 per cent at Rs -0.22 crore (Mar'24 Rs 0.00 crore).