The company reported standalone net profit during the quarter stood at Rs 174.18 crore compared to net loss of Rs 15.21 crore in the previous year quarter.
Net revenue of the company rose moderately by 9.47 per cent at Rs 91.51 crore in January-March quarter of this fiscal as against Rs 83.59 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 2.13 per cent to Rs 62.30 crore from Rs 61.00 crore in year ago period.
Other Income grew by 14.45 per cent at Rs 1.98 crore versus (Mar'24 Rs 1.73 crore).
Operating Profit surged by 29.31 per cent to Rs 29.21 crore as against Rs 22.59 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 18.13 per cent in March quarter.
Interest declined by 4.42 per cent y-o-y to Rs 32.63 crore, while Taxation increased by 968.42 per cent at Rs 2.03 crore (Mar'24 Rs 0.19 crore).