The company reported standalone net profit during the quarter stood at Rs 74.49 crore compared to net loss of Rs 59.27 crore in the previous year quarter.

Net revenue of the company rose substantially by 41.49 per cent at Rs 1,411.74 crore in January-March quarter of this fiscal as against Rs 997.80 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 33.12 per cent to Rs 1,313.35 crore from Rs 986.60 crore in year ago period.

Other Income dipped by 0.58 per cent at Rs 44.89 crore versus (Mar'23 Rs 45.15 crore).

Operating Profit surged by 372.38 per cent to Rs 115.26 crore as against Rs 24.40 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 233.06 per cent in March quarter.

Interest declined by 24.86 per cent y-o-y to Rs 63.23 crore