The company reported standalone net profit during the quarter stood at Rs 24.19 crore compared to net loss of Rs 13.13 crore in the previous year quarter.
Net revenue of the company rose moderately by 13.30 per cent at Rs 544.74 crore in April-June quarter of this fiscal as against Rs 480.79 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 3.53 per cent to Rs 444.52 crore from Rs 460.80 crore in year ago period.
Other Income grew by 22.00 per cent at Rs 3.66 crore versus (Jun'24 Rs 3.00 crore).
Operating Profit surged by 401.35 per cent to Rs 100.22 crore as against Rs 19.99 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 342.31 per cent in June quarter.
Interest grew by 198.12 per cent y-o-y to Rs 11.09 crore, while Taxation increased by 332.56 per cent at Rs 16.14 crore (Jun'24 Rs -6.94 crore).