The company reported standalone net profit during the quarter stood at Rs 66.29 crore compared to net loss of Rs 15.35 crore in the previous year quarter.

Net revenue of the company rose substantially by 29.95 per cent at Rs 913.60 crore in January-March quarter of this fiscal as against Rs 703.05 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 18.88 per cent to Rs 802.64 crore from Rs 675.14 crore in year ago period.

Other Income grew by 53.49 per cent at Rs 5.71 crore versus (Mar'23 Rs 3.72 crore).

Operating Profit surged by 297.56 per cent to Rs 110.96 crore as against Rs 27.91 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 206.05 per cent in March quarter.

Interest declined by 75.10 per cent y-o-y to Rs 3.17 crore, while Taxation increased by 129.09 per cent at Rs 34.89 crore (Mar'23 Rs 15.23 crore).