The company reported standalone net profit during the quarter stood at Rs 36.67 crore compared to net loss of Rs 11.32 crore in the previous year quarter.
Net revenue of the company rose marginally by 3.65 per cent at Rs 382.09 crore in January-March quarter of this fiscal as against Rs 368.65 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 9.15 per cent to Rs 343.92 crore from Rs 378.54 crore in year ago period.
Other Income grew by 118.76 per cent at Rs 20.17 crore versus (Mar'24 Rs 9.22 crore).
Operating Profit surged by 485.95 per cent to Rs 38.17 crore as against Rs -9.89 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 472.76 per cent in March quarter.
Interest grew by 98.56 per cent y-o-y to Rs 2.76 crore, while Taxation increased by 286.43 per cent at Rs 6.73 crore (Mar'24 Rs -3.61 crore).