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The company reported standalone net profit of Rs 80.99 crore for the quarter ended March 31, 2022 as compared to Rs 74.62 crore in the same period last year, registering a year-on-year growth of 8.54 per cent. Net revenue of the company declined moderately by 6.53 per cent at Rs 323.29 crore in January-March quarter of this fiscal as against Rs 345.88 crore in the corresponding period last year. During January-March quarter, operating expenses dropped by 17.04 per cent to Rs 201.39 crore from Rs 242.75 crore in year ago period.

Other Income grew by 97.36 per cent at Rs 15.69 crore versus (Mar'21 Rs 7.95 crore). Operating Profit surged by 18.22 per cent to Rs 121.91 crore as against Rs 103.12 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 26.50 per cent in March quarter. Interest grew by 448.91 per cent y-o-y to Rs 15.04 crore, while Taxation increased by 9.55 per cent at Rs 29.47 crore (Mar'21 Rs 26.90 crore).