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The company reported standalone net profit of Rs 31.23 crore for the quarter ended March 31, 2021 as compared to Rs 13.30 crore in the same period last year, registering a year-on-year growth of 134.81 per cent. Net revenue of the company rose substantially by 37.47 per cent at Rs 467.44 crore in January-March quarter of this fiscal as against Rs 340.02 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 30.24 per cent to Rs 411.87 crore from Rs 316.24 crore in year ago period. Other Income grew by 21.66 per cent at Rs 3.37 crore versus (Mar'20 Rs 2.77 crore).

Operating Profit surged by 133.73 per cent to Rs 55.58 crore as against Rs 23.78 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 70.10 per cent in March quarter. Interest grew by 4.56 per cent y-o-y to Rs 4.82 crore, while Taxation increased by 326.35 per cent at Rs 11.34 crore (Mar'20 Rs -5.01 crore).