The company reported standalone net profit during the quarter stood at Rs 16.13 crore compared to net loss of Rs 21.56 crore in the previous year quarter.

Net revenue of the company rose moderately by 9.69 per cent at Rs 175.21 crore in July-September quarter of this fiscal as against Rs 159.73 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 59.47 per cent to Rs 63.99 crore from Rs 157.89 crore in year ago period.

Other Income dipped by 97.59 per cent at Rs 3.40 crore versus (Sep'24 Rs 140.90 crore).

Operating Profit surged by 5944.57 per cent to Rs 111.22 crore as against Rs 1.84 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5420.00 per cent in September quarter.

Interest declined by 21.33 per cent y-o-y to Rs 107.03 crore, while Taxation decreased by 165.89 per cent at Rs -14.62 crore (Sep'24 Rs 22.19 crore).