The company reported standalone net profit during the quarter stood at Rs 159.19 crore compared to net loss of Rs 4.95 crore in the previous year quarter.

Net revenue of the company rose three fold by 358.99 per cent at Rs 1,305.32 crore in January-March quarter of this fiscal as against Rs 284.39 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 255.66 per cent to Rs 997.94 crore from Rs 280.59 crore in year ago period.

Other Income dipped by 44.59 per cent at Rs 11.82 crore versus (Mar'23 Rs 21.33 crore).

Operating Profit surged by 7988.95 per cent to Rs 307.38 crore as against Rs 3.80 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1657.46 per cent in March quarter.

Interest grew by 1626.39 per cent y-o-y to Rs 24.86 crore, while Taxation increased by 7482.88 per cent at Rs 81.95 crore (Mar'23 Rs -1.11 crore).