The company reported standalone net profit of Rs 67.66 crore for the quarter ended March 31, 2024 as compared to Rs 39.04 crore in the same period last year, registering a year-on-year growth of 73.31 per cent.

Net revenue of the company rose substantially by 20.61 per cent at Rs 407.58 crore in January-March quarter of this fiscal as against Rs 337.93 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 0.55 per cent to Rs 154.08 crore from Rs 154.93 crore in year ago period.

Other Income grew by 130.81 per cent at Rs 20.15 crore versus (Mar'23 Rs 8.73 crore).

Operating Profit surged by 38.52 per cent to Rs 253.50 crore as against Rs 183.00 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 14.87 per cent in March quarter.

Interest grew by 22.90 per cent y-o-y to Rs 173.32 crore, while Taxation increased by 46.40 per cent at Rs 23.19 crore (Mar'23 Rs 15.84 crore).