The company reported standalone net profit during the quarter stood at Rs 180.82 crore compared to net loss of Rs 81.24 crore in the previous year quarter.

Net revenue of the company declined substantially by 39.62 per cent at Rs 62.73 crore in January-March quarter of this fiscal as against Rs 103.89 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 0.31 per cent to Rs 39.02 crore from Rs 38.90 crore in year ago period.

Other Income grew by 10.07 per cent at Rs 64.79 crore versus (Mar'25 Rs 58.86 crore).

Operating Profit slipped by 63.28 per cent to Rs 23.91 crore as against Rs 65.11 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 39.17 per cent in March quarter.

Interest grew by 10.26 per cent y-o-y to Rs 44.50 crore, while Taxation increased by 170.17 per cent at Rs -36.77 crore (Mar'25 Rs -13.61 crore).