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The company reported standalone net profit of Rs 14.69 crore for the quarter ended March 31, 2022 as compared to Rs 11.27 crore in the same period last year, registering a year-on-year growth of 30.35 per cent. Net revenue of the company rose marginally by 1.11 per cent at Rs 125.82 crore in January-March quarter of this fiscal as against Rs 124.44 crore in the corresponding period last year. During January-March quarter, operating expenses dropped by 0.63 per cent to Rs 107.81 crore from Rs 108.49 crore in year ago period.

Other Income dipped by 7.92 per cent at Rs 4.07 crore versus (Mar'21 Rs 4.42 crore). Operating Profit surged by 13.05 per cent to Rs 18.02 crore as against Rs 15.94 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 11.79 per cent in March quarter. Interest declined by 32.26 per cent y-o-y to Rs 0.84 crore, while Taxation decreased by 21.18 per cent at Rs 3.46 crore (Mar'21 Rs 4.39 crore).