The company reported standalone net profit of Rs 38.93 crore for the quarter ended June 30, 2022 as compared to Rs 15.74 crore in the same period last year, registering a year-on-year growth of 147.33 per cent.
Net revenue of the company rose substantially by 93.91 per cent at Rs 1,046.64 crore in April-June quarter of this fiscal as against Rs 539.75 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 93.81 per cent to Rs 975.27 crore from Rs 503.21 crore in year ago period.
Other Income grew by 26.83 per cent at Rs 1.56 crore versus (Jun'21 Rs 1.23 crore).
Operating Profit surged by 95.32 per cent to Rs 71.37 crore as against Rs 36.54 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.74 per cent in June quarter.
Interest grew by 60.71 per cent y-o-y to Rs 12.60 crore, while Taxation increased by 223.18 per cent at Rs 9.34 crore (Jun'21 Rs 2.89 crore).