The company reported standalone net profit during the quarter stood at Rs 13.44 crore compared to net loss of Rs 2.14 crore in the previous year quarter.
Net revenue of the company declined by 5.16 per cent at Rs 205.85 crore in January-March quarter of this fiscal as against Rs 217.06 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 7.11 per cent to Rs 195.21 crore from Rs 210.15 crore in year ago period.
Other Income grew by 171.88 per cent at Rs 2.61 crore versus (Mar'24 Rs 0.96 crore).
Operating Profit surged by 53.84 per cent to Rs 10.63 crore as against Rs 6.91 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 62.26 per cent in March quarter.
Interest declined by 33.00 per cent y-o-y to Rs 2.66 crore, while Taxation decreased by 332.68 per cent at Rs -5.98 crore (Mar'24 Rs 2.57 crore).