The company reported standalone net profit during the quarter stood at Rs 20.91 crore compared to net loss of Rs 28.10 crore in the previous year quarter.

Net revenue of the company rose substantially by 29.80 per cent at Rs 108.15 crore in January-March quarter of this fiscal as against Rs 83.32 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 20.35 per cent to Rs 85.78 crore from Rs 107.69 crore in year ago period.

Other Income dipped by 50.00 per cent at Rs 0.81 crore versus (Mar'25 Rs 1.62 crore).

Operating Profit surged by 199.44 per cent to Rs 23.10 crore as against Rs -23.23 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 176.61 per cent in March quarter.

Interest declined by 48.80 per cent y-o-y to Rs 1.28 crore, while Taxation decreased by 87.95 per cent at Rs -1.18 crore (Mar'25 Rs -9.79 crore).