The company reported standalone net profit during the quarter stood at Rs 85.92 crore compared to net loss of Rs 216.41 crore in the previous year quarter.
Net revenue of the company declined moderately by 8.02 per cent at Rs 921.76 crore in October-December quarter of this fiscal as against Rs 1,002.11 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 8.54 per cent to Rs 781.99 crore from Rs 855.01 crore in year ago period.
Other Income grew by 25.51 per cent at Rs 32.87 crore versus (Dec'24 Rs 26.19 crore).
Operating Profit slipped by 4.98 per cent to Rs 139.77 crore as against Rs 147.10 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 3.27 per cent in December quarter.
Interest declined by 17.20 per cent y-o-y to Rs 114.58 crore, while Taxation decreased by 97.74 per cent at Rs 5.30 crore (Dec'24 Rs 234.82 crore).