The company reported standalone net profit during the quarter stood at Rs 22.41 crore compared to net loss of Rs 0.37 crore in the previous year quarter.
Net revenue of the company rose moderately by 7.38 per cent at Rs 875.60 crore in January-March quarter of this fiscal as against Rs 815.42 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.58 per cent to Rs 810.68 crore from Rs 775.14 crore in year ago period.
Other Income grew by 105.47 per cent at Rs 11.26 crore versus (Mar'24 Rs 5.48 crore).
Operating Profit surged by 61.13 per cent to Rs 64.92 crore as against Rs 40.29 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 50.00 per cent in March quarter.
Interest declined by 5.93 per cent y-o-y to Rs 20.29 crore, while Taxation increased by 1886.00 per cent at Rs 9.93 crore (Mar'24 Rs 0.50 crore).