The company reported standalone net profit during the quarter stood at Rs 2.57 crore compared to net loss of Rs 10.29 crore in the previous year quarter.

Net revenue of the company rose substantially by 33.27 per cent at Rs 189.35 crore in October-December quarter of this fiscal as against Rs 142.08 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 22.61 per cent to Rs 177.36 crore from Rs 144.65 crore in year ago period.

Other Income grew by 85.71 per cent at Rs 0.52 crore versus (Dec'24 Rs 0.28 crore).

Operating Profit surged by 566.54 per cent to Rs 11.99 crore as against Rs -2.57 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 449.72 per cent in December quarter.

Interest declined by 21.63 per cent y-o-y to Rs 3.37 crore, while Taxation increased by 136.32 per cent at Rs 0.85 crore (Dec'24 Rs -2.34 crore).