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The company reported standalone net profit of Rs 262.85 crore for the quarter ended June 30, 2022 as compared to Rs 223.16 crore in the same period last year, registering a year-on-year growth of 17.79 per cent. Net revenue of the company rose substantially by 32.76 per cent at Rs 11,036.02 crore in April-June quarter of this fiscal as against Rs 8,312.55 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 71.94 per cent to Rs 4,377.64 crore from Rs 15,598.95 crore in year ago period. Other Income dipped by 36.23 per cent at Rs 11.14 crore versus (Jun'21 Rs 17.47 crore). Operating Profit surged by 5.75 per cent to Rs 428.51 crore as against Rs 405.20 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 20.33 per cent in June quarter. Taxation decreased by 90.14 per cent at Rs 4.57 crore (Jun'21 Rs 46.37 crore).