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The company reported standalone net profit of Rs 63.43 crore for the quarter ended March 31, 2021 as compared to Rs 21.71 crore in the same period last year, registering a year-on-year growth of 192.17 per cent. Net revenue of the company rose two fold by 291.57 per cent at Rs 92.88 crore in January-March quarter of this fiscal as against Rs 23.72 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 204.46 per cent to Rs 13.64 crore from Rs 4.48 crore in year ago period. Other Income grew by 20.16 per cent at Rs 11.80 crore versus (Mar'20 Rs 9.82 crore).

Operating Profit surged by 311.64 per cent to Rs 79.24 crore as against Rs 19.25 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.15 per cent in March quarter. Interest grew by 130.18 per cent y-o-y to Rs 7.55 crore, while Taxation increased by 390.91 per cent at Rs 19.98 crore (Mar'20 Rs 4.07 crore).