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The company reported standalone net profit of Rs 15.56 crore for the quarter ended March 31, 2021 as compared to Rs 3.31 crore in the same period last year, registering a year-on-year growth of 370.09 per cent. Net revenue of the company rose triple digit by 108.75 per cent at Rs 68.72 crore in January-March quarter of this fiscal as against Rs 32.92 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 94.62 per cent to Rs 60.82 crore from Rs 31.25 crore in year ago period. Other Income grew by 307.62 per cent at Rs 13.37 crore versus (Mar'20 Rs 3.28 crore).

Operating Profit surged by 373.05 per cent to Rs 7.90 crore as against Rs 1.67 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 126.18 per cent in March quarter. Interest grew by 240.00 per cent y-o-y to Rs 0.07 crore, while Taxation increased by 338.14 per cent at Rs 5.17 crore (Mar'20 Rs 1.18 crore).