The company reported standalone net profit during the quarter stood at Rs 4.40 crore compared to net loss of Rs 236.94 crore in the previous year quarter.

Net revenue of the company rose moderately by 13.52 per cent at Rs 852.69 crore in July-September quarter of this fiscal as against Rs 751.14 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 4.17 per cent to Rs 814.74 crore from Rs 782.13 crore in year ago period.

Other Income grew by 173.14 per cent at Rs 96.50 crore versus (Sep'21 Rs 35.33 crore).

Operating Profit surged by 222.46 per cent to Rs 37.95 crore as against Rs -30.99 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 207.75 per cent in September quarter.

Interest declined by 46.14 per cent y-o-y to Rs 104.75 crore