The company reported standalone net profit of Rs 4.33 crore for the quarter ended September 30, 2022 as compared to Rs 0.52 crore in the same period last year, registering a year-on-year growth of 732.69 per cent.

Net revenue of the company rose substantially by 73.04 per cent at Rs 98.63 crore in July-September quarter of this fiscal as against Rs 57.00 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 66.24 per cent to Rs 89.87 crore from Rs 54.06 crore in year ago period.

Other Income dipped by 166.67 per cent at Rs -0.04 crore versus (Sep'21 Rs 0.06 crore).

Operating Profit surged by 197.96 per cent to Rs 8.76 crore as against Rs 2.94 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 72.09 per cent in September quarter.

Interest grew by 38.97 per cent y-o-y to Rs 1.89 crore, while Taxation increased by 194.23 per cent at Rs 1.53 crore (Sep'21 Rs 0.52 crore).