The company reported standalone net profit during the quarter stood at Rs 0.20 crore compared to net loss of Rs 14.43 crore in the previous year quarter.
Net revenue of the company rose substantially by 36.93 per cent at Rs 1,022.89 crore in October-December quarter of this fiscal as against Rs 746.99 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 37.16 per cent to Rs 833.74 crore from Rs 607.87 crore in year ago period.
Other Income grew by 104.08 per cent at Rs 28.04 crore versus (Dec'23 Rs 13.74 crore).
Operating Profit surged by 35.96 per cent to Rs 189.15 crore as against Rs 139.12 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.70 per cent in December quarter.
Interest grew by 29.95 per cent y-o-y to Rs 189.08 crore