The company reported standalone net profit during the quarter stood at Rs 29.31 crore compared to net loss of Rs 7.25 crore in the previous year quarter.

Net revenue of the company rose substantially by 36.11 per cent at Rs 122.04 crore in January-March quarter of this fiscal as against Rs 89.66 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 10.69 per cent to Rs 89.36 crore from Rs 80.73 crore in year ago period.

Other Income grew by 158.67 per cent at Rs 3.88 crore versus (Mar'24 Rs 1.50 crore).

Operating Profit surged by 266.26 per cent to Rs 32.67 crore as against Rs 8.92 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 169.05 per cent in March quarter.

Interest declined by 12.32 per cent y-o-y to Rs 2.99 crore, while Taxation decreased by 116.65 per cent at Rs -1.34 crore (Mar'24 Rs 8.05 crore).