The company reported standalone net profit during the quarter stood at Rs 40.51 crore compared to net loss of Rs 6.28 crore in the previous year quarter.

Net revenue of the company rose substantially by 44.15 per cent at Rs 592.60 crore in April-June quarter of this fiscal as against Rs 411.11 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 29.01 per cent to Rs 512.04 crore from Rs 396.90 crore in year ago period.

Other Income grew by 166.11 per cent at Rs 17.43 crore versus (Jun'24 Rs 6.55 crore).

Operating Profit surged by 466.92 per cent to Rs 80.56 crore as against Rs 14.21 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 292.77 per cent in June quarter.

Interest grew by 158.91 per cent y-o-y to Rs 24.13 crore, while Taxation increased by 511.47 per cent at Rs 11.48 crore (Jun'24 Rs -2.79 crore).