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The company reported standalone net profit of Rs 52.54 crore for the quarter ended June 30, 2022 as compared to Rs 35.01 crore in the same period last year, registering a year-on-year growth of 50.07 per cent. Net revenue of the company rose substantially by 33.59 per cent at Rs 307.81 crore in April-June quarter of this fiscal as against Rs 230.41 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 31.42 per cent to Rs 232.20 crore from Rs 176.69 crore in year ago period.

Other Income dipped by 55.56 per cent at Rs 4.12 crore versus (Jun'21 Rs 9.27 crore). Operating Profit surged by 40.75 per cent to Rs 75.61 crore as against Rs 53.72 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.36 per cent in June quarter. Interest grew by 45.40 per cent y-o-y to Rs 2.37 crore, while Taxation increased by 16.81 per cent at Rs 17.72 crore (Jun'21 Rs 15.17 crore).