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The company reported standalone net profit of Rs 10.80 crore for the quarter ended March 31, 2022 as compared to Rs 4.81 crore in the same period last year, registering a year-on-year growth of 124.53 per cent. Net revenue of the company rose substantially by 54.54 per cent at Rs 81.29 crore in January-March quarter of this fiscal as against Rs 52.60 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 37.44 per cent to Rs 61.38 crore from Rs 44.66 crore in year ago period.

Other Income dipped by 72.97 per cent at Rs 0.30 crore versus (Mar'21 Rs 1.11 crore). Operating Profit surged by 150.76 per cent to Rs 19.91 crore as against Rs 7.94 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 62.36 per cent in March quarter. Interest grew by 209.84 per cent y-o-y to Rs 1.89 crore, while Taxation increased by 180.11 per cent at Rs 5.21 crore (Mar'21 Rs 1.86 crore).