The company reported standalone net loss during the quarter stood at Rs 65.05 crore compared to net profit of Rs 64.76 crore in the previous year quarter.ÿ
Net revenue of the company rose moderately by 8.46 per cent at Rs 1,638.44 crore in January-March quarter of this fiscal as against Rs 1,510.62 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 5.05 per cent to Rs 1,279.85 crore from Rs 1,218.28 crore in year ago period.
Other Income grew by 42.32 per cent at Rs 21.49 crore versus (Mar'24 Rs 15.10 crore).
Operating Profit surged by 22.66 per cent to Rs 358.59 crore as against Rs 292.34 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 13.13 per cent in March quarter.
Interest declined by 32.67 per cent y-o-y to Rs 16.20 crore, while Taxation increased by 31.44 per cent at Rs 82.20 crore (Mar'24 Rs 62.54 crore).