The company reported standalone net profit during the quarter stood at Rs 33.99 crore compared to net loss of Rs 6.42 crore in the previous year quarter.

Net revenue of the company rose by 0.02 per cent at Rs 238.34 crore in April-June quarter of this fiscal as against Rs 238.29 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 2.99 per cent to Rs 236.94 crore from Rs 230.07 crore in year ago period.

Other Income grew by 29.77 per cent at Rs 2.79 crore versus (Jun'24 Rs 2.15 crore).

Operating Profit slipped by 82.97 per cent to Rs 1.40 crore as against Rs 8.22 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 82.90 per cent in June quarter.

Interest grew by 3.05 per cent y-o-y to Rs 8.11 crore, while Taxation increased by 1360.28 per cent at Rs -51.84 crore (Jun'24 Rs -3.55 crore).