The company reported standalone net profit during the quarter stood at Rs 18.75 crore compared to net loss of Rs 4.22 crore in the previous year quarter.
Net revenue of the company declined marginally by 4.40 per cent at Rs 340.24 crore in July-September quarter of this fiscal as against Rs 355.91 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 1.11 per cent to Rs 343.55 crore from Rs 347.41 crore in year ago period.
Other Income grew by 427.93 per cent at Rs 48.57 crore versus (Sep'24 Rs 9.20 crore).
Operating Profit slipped by 139.01 per cent to Rs -3.32 crore as against Rs 8.51 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 140.59 per cent in September quarter.
Interest grew by 2.19 per cent y-o-y to Rs 9.82 crore, while Taxation increased by 6340.00 per cent at Rs 3.22 crore (Sep'24 Rs 0.05 crore).