The company reported standalone net profit during the quarter stood at Rs 40.00 crore compared to net loss of Rs 126.00 crore in the previous year quarter.
Net revenue of the company declined by 0.00 per cent at Rs 355.00 crore in January-March quarter of this fiscal as against Rs 355.00 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 37.91 per cent to Rs 249.00 crore from Rs 401.00 crore in year ago period.
Other Income dipped by 41.67 per cent at Rs 14.00 crore versus (Mar'24 Rs 24.00 crore).
Operating Profit surged by 330.43 per cent to Rs 106.00 crore as against Rs -46.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 330.40 per cent in March quarter.
Interest declined by 32.20 per cent y-o-y to Rs 40.00 crore