FACT Q1 net profit zooms 244.20% at Rs 136.99 cr
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The company reported standalone net profit of Rs 136.99 crore for the quarter ended June 30, 2022 as compared to Rs 39.80 crore in the same period last year, registering a year-on-year growth of 244.20 per cent. Net revenue of the company rose substantially by 74.14 per cent at Rs 1,292.37 crore in April-June quarter of this fiscal as against Rs 742.14 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 68.77 per cent to Rs 1,109.68 crore from Rs 657.51 crore in year ago period. Other Income dipped by 5.29 per cent at Rs 22.76 crore versus (Jun'21 Rs 24.03 crore). Operating Profit surged by 115.87 per cent to Rs 182.69 crore as against Rs 84.63 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 24.04 per cent in June quarter. Interest grew by 0.54 per cent y-o-y to Rs 61.56 crore
