The company reported standalone net profit during the quarter stood at Rs 17.09 crore compared to net loss of Rs 1.84 crore in the previous year quarter.

Net revenue of the company rose moderately by 14.18 per cent at Rs 148.26 crore in April-June quarter of this fiscal as against Rs 129.85 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 11.47 per cent to Rs 103.41 crore from Rs 92.77 crore in year ago period.

Other Income dipped by 11.14 per cent at Rs 3.27 crore versus (Jun'24 Rs 3.68 crore).

Operating Profit surged by 20.95 per cent to Rs 44.85 crore as against Rs 37.08 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.92 per cent in June quarter.

Interest grew by 70.34 per cent y-o-y to Rs 5.57 crore, while Taxation decreased by 66.69 per cent at Rs 8.76 crore (Jun'24 Rs 26.30 crore).