The company reported standalone net profit of Rs 46.00 crore for the quarter ended March 31, 2024 as compared to Rs 43.00 crore in the same period last year, registering a year-on-year growth of 6.98 per cent.

Net revenue of the company rose by 5.02 per cent at Rs 251.00 crore in January-March quarter of this fiscal as against Rs 239.00 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 1.05 per cent to Rs 189.00 crore from Rs 191.00 crore in year ago period.

Other Income dipped by 27.27 per cent at Rs 8.00 crore versus (Mar'23 Rs 11.00 crore).

Operating Profit surged by 29.17 per cent to Rs 62.00 crore as against Rs 48.00 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 23.01 per cent in March quarter.

Taxation increased by 15.38 per cent at Rs 15.00 crore (Mar'23 Rs 13.00 crore).