The company reported standalone net profit during the quarter stood at Rs 34.87 crore compared to net loss of Rs 10.31 crore in the previous year quarter.

Net revenue of the company rose substantially by 21.30 per cent at Rs 92.61 crore in April-June quarter of this fiscal as against Rs 76.35 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 16.74 per cent to Rs 49.23 crore from Rs 42.17 crore in year ago period.

Other Income grew by 525.64 per cent at Rs 39.29 crore versus (Jun'24 Rs 6.28 crore).

Operating Profit surged by 26.92 per cent to Rs 43.38 crore as against Rs 34.18 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.65 per cent in June quarter.

Interest declined by 31.87 per cent y-o-y to Rs 30.10 crore, while Taxation increased by 0.00 per cent at Rs 10.49 crore (Jun'24 Rs 0.00 crore).