The company reported standalone net profit during the quarter stood at Rs 29.80 crore compared to net loss of Rs 11.47 crore in the previous year quarter.

Net revenue of the company rose triple digit by 142.11 per cent at Rs 88.37 crore in October-December quarter of this fiscal as against Rs 36.50 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 7.56 per cent to Rs 55.37 crore from Rs 51.48 crore in year ago period.

Other Income grew by 38.29 per cent at Rs 22.03 crore versus (Dec'21 Rs 15.93 crore).

Operating Profit surged by 320.29 per cent to Rs 33.00 crore as against Rs -14.98 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 190.96 per cent in December quarter.

Interest grew by 80.00 per cent y-o-y to Rs 0.18 crore, while Taxation increased by 3084.21 per cent at Rs 17.01 crore (Dec'21 Rs -0.57 crore).