The company reported standalone net profit of Rs 283.75 crore for the quarter ended March 31, 2024 as compared to Rs 207.80 crore in the same period last year, registering a year-on-year growth of 36.55 per cent.

Net revenue of the company rose moderately by 13.16 per cent at Rs 4,009.39 crore in January-March quarter of this fiscal as against Rs 3,542.96 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 10.00 per cent to Rs 3,493.24 crore from Rs 3,175.78 crore in year ago period.

Other Income dipped by 91.68 per cent at Rs 3.43 crore versus (Mar'23 Rs 41.22 crore).

Operating Profit surged by 40.57 per cent to Rs 516.15 crore as against Rs 367.18 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 24.23 per cent in March quarter.

Interest grew by 54.09 per cent y-o-y to Rs 12.82 crore, while Taxation increased by 34.47 per cent at Rs 98.19 crore (Mar'23 Rs 73.02 crore).