The company reported standalone net profit of Rs 7.30 crore for the quarter ended March 31, 2024 as compared to Rs 1.52 crore in the same period last year, registering a year-on-year growth of 380.26 per cent.

Net revenue of the company rose substantially by 65.60 per cent at Rs 149.65 crore in January-March quarter of this fiscal as against Rs 90.37 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 56.52 per cent to Rs 129.80 crore from Rs 82.93 crore in year ago period.

Other Income grew by 325.00 per cent at Rs 0.17 crore versus (Mar'23 Rs 0.04 crore).

Operating Profit surged by 166.80 per cent to Rs 19.85 crore as against Rs 7.44 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 61.24 per cent in March quarter.

Interest grew by 84.91 per cent y-o-y to Rs 6.25 crore, while Taxation increased by 300.00 per cent at Rs 3.00 crore (Mar'23 Rs 0.75 crore).