The company reported standalone net profit during the quarter stood at Rs 53.39 crore compared to net loss of Rs 36.86 crore in the previous year quarter.

Net revenue of the company declined moderately by 11.60 per cent at Rs 218.08 crore in January-March quarter of this fiscal as against Rs 246.71 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 34.35 per cent to Rs 188.59 crore from Rs 287.28 crore in year ago period.

Other Income grew by 126.35 per cent at Rs 35.74 crore versus (Mar'25 Rs 15.79 crore).

Operating Profit surged by 177.76 per cent to Rs 31.74 crore as against Rs -40.82 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 187.92 per cent in March quarter.

Interest declined by 0.82 per cent y-o-y to Rs 3.63 crore, while Taxation increased by 138.26 per cent at Rs 1.01 crore (Mar'25 Rs -2.64 crore).