The company reported standalone net profit during the quarter stood at Rs 23.11 crore compared to net loss of Rs 44.31 crore in the previous year quarter.

Net revenue of the company rose moderately by 17.88 per cent at Rs 531.83 crore in October-December quarter of this fiscal as against Rs 451.16 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 13.12 per cent to Rs 402.62 crore from Rs 463.41 crore in year ago period.

Other Income grew by 42.76 per cent at Rs 4.34 crore versus (Dec'24 Rs 3.04 crore).

Operating Profit surged by 1154.78 per cent to Rs 129.21 crore as against Rs -12.25 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 993.38 per cent in December quarter.

Interest grew by 95.20 per cent y-o-y to Rs 10.17 crore, while Taxation increased by 155.25 per cent at Rs 12.37 crore (Dec'24 Rs -22.39 crore).