The company reported standalone net profit during the quarter stood at Rs 7.38 crore compared to net loss of Rs 148.23 crore in the previous year quarter.

Net revenue of the company rose substantially by 27.07 per cent at Rs 155.51 crore in April-June quarter of this fiscal as against Rs 122.38 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 125.20 per cent to Rs 42.27 crore from Rs 18.77 crore in year ago period.

Other Income grew by 3029.63 per cent at Rs 25.35 crore versus (Jun'24 Rs 0.81 crore).

Operating Profit surged by 9.29 per cent to Rs 113.24 crore as against Rs 103.61 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 13.99 per cent in June quarter.

Interest declined by 23.65 per cent y-o-y to Rs 102.61 crore, while Taxation decreased by 79.90 per cent at Rs 22.55 crore (Jun'24 Rs 112.21 crore).