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The company reported standalone net profit of Rs 21.28 crore for the quarter ended March 31, 2022 as compared to Rs 15.40 crore in the same period last year, registering a year-on-year growth of 38.18 per cent. Net revenue of the company rose substantially by 54.54 per cent at Rs 143.54 crore in January-March quarter of this fiscal as against Rs 92.88 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 69.07 per cent to Rs 117.76 crore from Rs 69.65 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.18 crore versus (Mar'21 Rs 0.00 crore). Operating Profit surged by 10.97 per cent to Rs 25.79 crore as against Rs 23.24 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 28.22 per cent in March quarter. Interest declined by 58.16 per cent y-o-y to Rs 0.59 crore, while Taxation decreased by 81.30 per cent at Rs 0.98 crore (Mar'21 Rs 5.24 crore).