The company reported standalone net profit during the quarter stood at Rs 36.39 crore compared to net loss of Rs 230.02 crore in the previous year quarter.
Net revenue of the company rose marginally by 2.61 per cent at Rs 755.45 crore in January-March quarter of this fiscal as against Rs 736.23 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 12.21 per cent to Rs 682.85 crore from Rs 608.53 crore in year ago period.
Other Income dipped by 168.44 per cent at Rs -1.67 crore versus (Mar'24 Rs 2.44 crore).
Operating Profit slipped by 43.15 per cent to Rs 72.60 crore as against Rs 127.70 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 44.61 per cent in March quarter.
Interest declined by 85.10 per cent y-o-y to Rs 0.76 crore, while Taxation decreased by 49.30 per cent at Rs 14.41 crore (Mar'24 Rs 28.42 crore).