The company reported standalone net profit during the quarter stood at Rs 13.06 crore compared to net loss of Rs 2.03 crore in the previous year quarter.
Net revenue of the company rose marginally by 2.31 per cent at Rs 156.64 crore in January-March quarter of this fiscal as against Rs 153.10 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 12.04 per cent to Rs 133.16 crore from Rs 151.39 crore in year ago period.
Other Income grew by 69.27 per cent at Rs 6.72 crore versus (Mar'24 Rs 3.97 crore).
Operating Profit surged by 1273.10 per cent to Rs 23.48 crore as against Rs 1.71 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1238.39 per cent in March quarter.
Interest declined by 17.36 per cent y-o-y to Rs 2.38 crore, while Taxation increased by 306.81 per cent at Rs 6.68 crore (Mar'24 Rs -3.23 crore).