The company reported standalone net profit during the quarter stood at Rs 14.94 crore compared to net loss of Rs 17.05 crore in the previous year quarter.
Net revenue of the company rose moderately by 14.11 per cent at Rs 616.03 crore in January-March quarter of this fiscal as against Rs 539.84 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 11.92 per cent to Rs 595.83 crore from Rs 532.37 crore in year ago period.
Other Income grew by 98.07 per cent at Rs 48.21 crore versus (Mar'24 Rs 24.34 crore).
Operating Profit surged by 170.19 per cent to Rs 20.21 crore as against Rs 7.48 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 137.68 per cent in March quarter.
Interest declined by 12.80 per cent y-o-y to Rs 12.19 crore, while Taxation increased by 187.71 per cent at Rs 4.78 crore (Mar'24 Rs -5.45 crore).