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The company reported standalone net profit of Rs 12.38 crore for the quarter ended March 31, 2022 as compared to Rs 8.05 crore in the same period last year, registering a year-on-year growth of 53.79 per cent. Net revenue of the company rose substantially by 45.26 per cent at Rs 36.94 crore in January-March quarter of this fiscal as against Rs 25.43 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 64.33 per cent to Rs 23.91 crore from Rs 14.55 crore in year ago period. Other Income grew by 647.17 per cent at Rs 3.96 crore versus (Mar'21 Rs 0.53 crore). Operating Profit surged by 19.67 per cent to Rs 13.02 crore as against Rs 10.88 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 17.60 per cent in March quarter. Taxation increased by 35.96 per cent at Rs 3.97 crore (Mar'21 Rs 2.92 crore).