The company reported standalone net profit during the quarter stood at Rs 124.43 crore compared to net loss of Rs 1094.37 crore in the previous year quarter.
Net revenue of the company rose marginally by 2.44 per cent at Rs 936.25 crore in January-March quarter of this fiscal as against Rs 913.96 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 2.13 per cent to Rs 733.47 crore from Rs 718.20 crore in year ago period.
Other Income grew by 12.41 per cent at Rs 101.39 crore versus (Mar'24 Rs 90.20 crore).
Operating Profit surged by 3.59 per cent to Rs 202.78 crore as against Rs 195.76 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1.12 per cent in March quarter.
Interest declined by 5.36 per cent y-o-y to Rs 118.39 crore