The company reported standalone net profit during the quarter stood at Rs 12.77 crore compared to net loss of Rs 5.34 crore in the previous year quarter.

Net revenue of the company rose triple digit by 162.36 per cent at Rs 273.69 crore in April-June quarter of this fiscal as against Rs 104.32 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 140.25 per cent to Rs 261.44 crore from Rs 108.82 crore in year ago period.

Other Income grew by 115.80 per cent at Rs 9.15 crore versus (Jun'24 Rs 4.24 crore).

Operating Profit surged by 372.22 per cent to Rs 12.25 crore as against Rs -4.50 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 203.94 per cent in June quarter.

Interest declined by 69.54 per cent y-o-y to Rs 0.46 crore, while Taxation increased by 446.15 per cent at Rs 4.97 crore (Jun'24 Rs 0.91 crore).