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The company reported standalone net profit of Rs 51.40 crore for the quarter ended March 31, 2021 as compared to Rs 14.25 crore in the same period last year, registering a year-on-year growth of 260.70 per cent. Net revenue of the company rose triple digit by 104.46 per cent at Rs 499.22 crore in January-March quarter of this fiscal as against Rs 244.17 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 95.10 per cent to Rs 429.26 crore from Rs 220.02 crore in year ago period. Other Income dipped by 50.20 per cent at Rs 4.98 crore versus (Mar'20 Rs 10.00 crore).

Operating Profit surged by 189.69 per cent to Rs 69.96 crore as against Rs 24.15 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 41.66 per cent in March quarter. Interest declined by 9.84 per cent y-o-y to Rs 0.55 crore, while Taxation increased by 280.04 per cent at Rs 18.28 crore (Mar'20 Rs 4.81 crore).