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The company reported standalone net profit of Rs 124.39 crore for the quarter ended June 30, 2022 as compared to Rs 44.52 crore in the same period last year, registering a year-on-year growth of 179.40 per cent. Net revenue of the company rose substantially by 63.41 per cent at Rs 1,558.59 crore in April-June quarter of this fiscal as against Rs 953.82 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 60.64 per cent to Rs 1,382.74 crore from Rs 860.75 crore in year ago period. Other Income dipped by 13.81 per cent at Rs 12.73 crore versus (Jun'21 Rs 14.77 crore). Operating Profit surged by 88.94 per cent to Rs 175.85 crore as against Rs 93.07 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 15.57 per cent in June quarter. Interest declined by 67.97 per cent y-o-y to Rs 5.16 crore, while Taxation increased by 77.20 per cent at Rs 41.59 crore (Jun'21 Rs 23.47 crore).