The company reported standalone net profit during the quarter stood at Rs 304.05 crore compared to net loss of Rs 259.54 crore in the previous year quarter.

Net revenue of the company rose triple digit by 102.32 per cent at Rs 377.17 crore in January-March quarter of this fiscal as against Rs 186.42 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 61.57 per cent to Rs 9.33 crore from Rs 24.28 crore in year ago period.

Other Income dipped by 57.73 per cent at Rs 3.09 crore versus (Mar'24 Rs 7.31 crore).

Operating Profit surged by 126.87 per cent to Rs 367.84 crore as against Rs 162.14 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 12.13 per cent in March quarter.

Interest grew by 19.03 per cent y-o-y to Rs 84.70 crore, while Taxation decreased by 67.83 per cent at Rs 1.01 crore (Mar'24 Rs 3.14 crore).