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The company reported standalone net profit during the quarter stood at Rs 251.84 crore compared to net loss of Rs 109.21 crore in the previous year quarter. Net revenue of the company rose substantially by 66.67 per cent at Rs 655.76 crore in January-March quarter of this fiscal as against Rs 393.45 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 28.58 per cent to Rs 334.72 crore from Rs 468.67 crore in year ago period. Other Income dipped by 67.65 per cent at Rs 2.63 crore versus (Mar'20 Rs 8.13 crore).

Operating Profit surged by 569.00 per cent to Rs 333.32 crore as against Rs -71.07 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 381.45 per cent in March quarter. Interest declined by 5.22 per cent y-o-y to Rs 36.84 crore, while Taxation increased by 5050.67 per cent at Rs 37.13 crore (Mar'20 Rs -0.75 crore).