The company reported standalone net profit during the quarter stood at Rs 44.80 crore compared to net loss of Rs 7.17 crore in the previous year quarter.
Net revenue of the company rose substantially by 25.73 per cent at Rs 266.00 crore in April-June quarter of this fiscal as against Rs 211.57 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 6.39 per cent to Rs 201.40 crore from Rs 189.30 crore in year ago period.
Other Income dipped by 70.78 per cent at Rs 1.80 crore versus (Jun'24 Rs 6.16 crore).
Operating Profit surged by 190.21 per cent to Rs 64.60 crore as against Rs 22.26 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 130.89 per cent in June quarter.
Interest grew by 53.85 per cent y-o-y to Rs 0.60 crore, while Taxation increased by 1595.15 per cent at Rs 15.40 crore (Jun'24 Rs -1.03 crore).