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The company reported standalone net profit of Rs 136.51 crore for the quarter ended March 31, 2021 as compared to Rs 100.75 crore in the same period last year, registering a year-on-year growth of 35.49 per cent. Net revenue of the company rose substantially by 24.58 per cent at Rs 1,321.99 crore in January-March quarter of this fiscal as against Rs 1,061.19 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 22.69 per cent to Rs 1,054.11 crore from Rs 859.16 crore in year ago period. Other Income grew by 21.48 per cent at Rs 27.32 crore versus (Mar'20 Rs 22.49 crore).

Operating Profit surged by 32.59 per cent to Rs 267.88 crore as against Rs 202.03 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.41 per cent in March quarter. Interest declined by 29.49 per cent y-o-y to Rs 29.94 crore, while Taxation increased by 64.86 per cent at Rs 50.02 crore (Mar'20 Rs 30.34 crore).