The company reported standalone net profit of Rs 68.78 crore for the quarter ended March 31, 2024 as compared to Rs 43.35 crore in the same period last year, registering a year-on-year growth of 58.66 per cent.

Net revenue of the company rose substantially by 23.93 per cent at Rs 453.35 crore in January-March quarter of this fiscal as against Rs 365.81 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 14.54 per cent to Rs 358.38 crore from Rs 312.89 crore in year ago period.

Other Income dipped by 24.88 per cent at Rs 8.03 crore versus (Mar'23 Rs 10.69 crore).

Operating Profit surged by 72.61 per cent to Rs 94.97 crore as against Rs 55.02 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 39.30 per cent in March quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.29 crore, while Taxation increased by 58.92 per cent at Rs 23.44 crore (Mar'23 Rs 14.75 crore).