The company reported standalone net profit during the quarter stood at Rs 32.80 crore compared to net loss of Rs 42.81 crore in the previous year quarter.
Net revenue of the company rose triple digit by 122.21 per cent at Rs 461.96 crore in January-March quarter of this fiscal as against Rs 207.89 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 55.79 per cent to Rs 400.02 crore from Rs 256.77 crore in year ago period.
Other Income dipped by 47.09 per cent at Rs 2.91 crore versus (Mar'24 Rs 5.50 crore).
Operating Profit surged by 226.72 per cent to Rs 61.94 crore as against Rs -48.88 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 157.04 per cent in March quarter.
Interest declined by 35.70 per cent y-o-y to Rs 13.83 crore, while Taxation increased by 159.36 per cent at Rs 14.97 crore (Mar'24 Rs -25.22 crore).