The company reported standalone net profit during the quarter stood at Rs 20.89 crore compared to net loss of Rs 52.44 crore in the previous year quarter.

Net revenue of the company rose substantially by 26.04 per cent at Rs 699.21 crore in January-March quarter of this fiscal as against Rs 554.76 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 7.72 per cent to Rs 663.39 crore from Rs 615.87 crore in year ago period.

Other Income dipped by 17.29 per cent at Rs 13.44 crore versus (Mar'25 Rs 16.25 crore).

Operating Profit surged by 158.62 per cent to Rs 35.82 crore as against Rs -61.11 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 146.46 per cent in March quarter.

Interest declined by 7.40 per cent y-o-y to Rs 14.76 crore, while Taxation increased by 113.69 per cent at Rs 1.63 crore (Mar'25 Rs -11.91 crore).