The company reported standalone net profit of Rs 65.84 crore for the quarter ended June 30, 2021 as compared to Rs 28.49 crore in the same period last year, registering a year-on-year growth of 131.10 per cent.

Net revenue of the company rose substantially by 91.26 per cent at Rs 437.58 crore in April-June quarter of this fiscal as against Rs 228.79 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 65.48 per cent to Rs 349.41 crore from Rs 211.15 crore in year ago period.

Other Income dipped by 45.23 per cent at Rs 14.23 crore versus (Jun'20 Rs 25.98 crore).

Operating Profit surged by 358.03 per cent to Rs 88.17 crore as against Rs 19.25 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 139.60 per cent in June quarter.

Interest declined by 32.89 per cent y-o-y to Rs 0.51 crore, while Taxation increased by 473.67 per cent at Rs 22.66 crore (Jun'20 Rs 3.95 crore).