The company reported standalone net profit during the quarter stood at Rs 5.49 crore compared to net loss of Rs 410.19 crore in the previous year quarter.
Net revenue of the company declined substantially by 36.33 per cent at Rs 238.44 crore in January-March quarter of this fiscal as against Rs 374.47 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 83.85 per cent to Rs 120.27 crore from Rs 744.79 crore in year ago period.
Other Income grew by 452.36 per cent at Rs 15.19 crore versus (Mar'25 Rs 2.75 crore).
Operating Profit surged by 131.91 per cent to Rs 118.17 crore as against Rs -370.32 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 150.12 per cent in March quarter.
Interest declined by 28.93 per cent y-o-y to Rs 121.88 crore, while Taxation increased by 102.11 per cent at Rs 2.84 crore (Mar'25 Rs -134.61 crore).