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The company reported standalone net profit of Rs 13.67 crore for the quarter ended March 31, 2022 as compared to Rs 13.02 crore in the same period last year, registering a year-on-year growth of 4.99 per cent. Net revenue of the company rose by 5.69 per cent at Rs 78.02 crore in January-March quarter of this fiscal as against Rs 73.82 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 4.39 per cent to Rs 59.70 crore from Rs 57.19 crore in year ago period. Other Income grew by 18.52 per cent at Rs 1.28 crore versus (Mar'21 Rs 1.08 crore). Operating Profit surged by 10.16 per cent to Rs 18.32 crore as against Rs 16.63 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.22 per cent in March quarter. Interest grew by 71.43 per cent y-o-y to Rs 0.24 crore, while Taxation increased by 14.55 per cent at Rs 4.41 crore (Mar'21 Rs 3.85 crore).