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Total expenses rose 9% to Rs 419 crore during the quarter from Rs 384.5 crore in the year-ago period.
The company’s net profit increased 8.6 times to Rs 33.9 crore in Q1 FY27 from Rs 3.9 crore a year earlier.
The company clocked a net profit of Rs 71.7 crore during the fiscal, as compared to a net loss of Rs 68.7 crore in FY25.
The IPO will open for bids on January 13 for retail and institutional investors.
