The company reported standalone net profit during the quarter stood at Rs 21.40 crore compared to net loss of Rs 23.47 crore in the previous year quarter.

Net revenue of the company rose substantially by 66.40 per cent at Rs 462.41 crore in January-March quarter of this fiscal as against Rs 277.89 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 50.58 per cent to Rs 385.73 crore from Rs 256.16 crore in year ago period.

Other Income grew by 117.58 per cent at Rs 1.98 crore versus (Mar'24 Rs 0.91 crore).

Operating Profit surged by 252.83 per cent to Rs 76.67 crore as against Rs 21.73 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 112.02 per cent in March quarter.

Interest grew by 161.56 per cent y-o-y to Rs 17.08 crore, while Taxation decreased by 281.25 per cent at Rs -0.29 crore (Mar'24 Rs 0.16 crore).