The company reported standalone net profit during the quarter stood at Rs 14.30 crore compared to net loss of Rs 18.27 crore in the previous year quarter.

Net revenue of the company rose substantially by 31.36 per cent at Rs 438.50 crore in April-June quarter of this fiscal as against Rs 333.82 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 18.65 per cent to Rs 406.24 crore from Rs 342.38 crore in year ago period.

Other Income dipped by 41.34 per cent at Rs 2.27 crore versus (Jun'24 Rs 3.87 crore).

Operating Profit surged by 476.87 per cent to Rs 32.26 crore as against Rs -8.56 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 387.50 per cent in June quarter.

Interest declined by 30.91 per cent y-o-y to Rs 10.26 crore, while Taxation increased by 183.86 per cent at Rs 5.04 crore (Jun'24 Rs -6.01 crore).