The company reported standalone net profit during the quarter stood at Rs 5.70 crore compared to net loss of Rs 12.65 crore in the previous year quarter.
Net revenue of the company rose substantially by 29.87 per cent at Rs 631.40 crore in January-March quarter of this fiscal as against Rs 486.16 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 24.78 per cent to Rs 609.44 crore from Rs 488.43 crore in year ago period.
Other Income dipped by 13.98 per cent at Rs 2.03 crore versus (Mar'24 Rs 2.36 crore).
Operating Profit surged by 1067.40 per cent to Rs 21.96 crore as against Rs -2.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 840.43 per cent in March quarter.
Interest grew by 20.29 per cent y-o-y to Rs 13.10 crore, while Taxation increased by 165.42 per cent at Rs 2.10 crore (Mar'24 Rs -3.21 crore).