The company reported standalone net profit of Rs 67.56 crore for the quarter ended March 31, 2022 as compared to Rs 62.40 crore in the same period last year, registering a year-on-year growth of 8.27 per cent.

Net revenue of the company rose substantially by 35.39 per cent at Rs 104.06 crore in January-March quarter of this fiscal as against Rs 76.86 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 8.78 per cent to Rs 11.89 crore from Rs 10.93 crore in year ago period.

Other Income grew by 130.77 per cent at Rs 0.30 crore versus (Mar'21 Rs 0.13 crore).

Operating Profit surged by 39.80 per cent to Rs 92.17 crore as against Rs 65.93 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 3.25 per cent in March quarter.

Interest declined by 50.00 per cent y-o-y to Rs 0.02 crore, while Taxation increased by 654.74 per cent at Rs 24.68 crore (Mar'21 Rs 3.27 crore).