The company reported standalone net profit of Rs 544.88 crore for the quarter ended March 31, 2024 as compared to Rs 103.20 crore in the same period last year, registering a year-on-year growth of 427.98 per cent.

Net revenue of the company rose three fold by 2807.65 per cent at Rs 3,669.74 crore in January-March quarter of this fiscal as against Rs 126.21 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 8714.42 per cent to Rs 1,631.55 crore from Rs 18.51 crore in year ago period.

Other Income grew by 44.07 per cent at Rs 5.95 crore versus (Mar'23 Rs 4.13 crore).

Operating Profit surged by 1792.47 per cent to Rs 2,038.19 crore as against Rs 107.70 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 34.91 per cent in March quarter.

Interest grew by 0.00 per cent y-o-y to Rs 1,335.08 crore, while Taxation increased by 1505.58 per cent at Rs 138.08 crore (Mar'23 Rs 8.60 crore).