The company reported standalone net profit during the quarter stood at Rs 18.13 crore compared to net loss of Rs 47.79 crore in the previous year quarter.

Net revenue of the company declined moderately by 11.58 per cent at Rs 159.65 crore in October-December quarter of this fiscal as against Rs 180.55 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 33.48 per cent to Rs 149.01 crore from Rs 224.02 crore in year ago period.

Other Income grew by 47.52 per cent at Rs 15.74 crore versus (Dec'24 Rs 10.67 crore).

Operating Profit surged by 124.48 per cent to Rs 10.64 crore as against Rs -43.47 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 127.66 per cent in December quarter.

Interest declined by 2.41 per cent y-o-y to Rs 3.64 crore, while Taxation decreased by 977.19 per cent at Rs -5.00 crore (Dec'24 Rs 0.57 crore).