The company reported standalone net profit during the quarter stood at Rs 9.32 crore compared to net loss of Rs 9.12 crore in the previous year quarter.

Net revenue of the company declined moderately by 9.44 per cent at Rs 306.55 crore in October-December quarter of this fiscal as against Rs 338.49 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 16.16 per cent to Rs 291.75 crore from Rs 348.00 crore in year ago period.

Other Income grew by 45.17 per cent at Rs 15.04 crore versus (Dec'24 Rs 10.36 crore).

Operating Profit surged by 255.63 per cent to Rs 14.80 crore as against Rs -9.51 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 271.89 per cent in December quarter.

Interest grew by 57.60 per cent y-o-y to Rs 8.92 crore, while Taxation increased by 262.21 per cent at Rs 4.85 crore (Dec'24 Rs -2.99 crore).