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The company reported standalone net profit of Rs 375.82 crore for the quarter ended March 31, 2022 as compared to Rs 173.43 crore in the same period last year, registering a year-on-year growth of 116.70 per cent. Net revenue of the company rose substantially by 26.87 per cent at Rs 236.77 crore in January-March quarter of this fiscal as against Rs 186.62 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 35.01 per cent to Rs 215.81 crore from Rs 159.85 crore in year ago period.

Other Income dipped by 40.00 per cent at Rs 0.06 crore versus (Mar'21 Rs 0.10 crore). Operating Profit slipped by 21.70 per cent to Rs 20.96 crore as against Rs 26.77 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 38.33 per cent in March quarter. Interest declined by 95.68 per cent y-o-y to Rs 1.93 crore