The company reported standalone net profit of Rs 97.43 crore for the quarter ended March 31, 2024 as compared to Rs 51.66 crore in the same period last year, registering a year-on-year growth of 88.60 per cent.

Net revenue of the company rose substantially by 88.30 per cent at Rs 185.08 crore in January-March quarter of this fiscal as against Rs 98.29 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 67.48 per cent to Rs 70.71 crore from Rs 42.22 crore in year ago period.

Other Income grew by 36.32 per cent at Rs 19.63 crore versus (Mar'23 Rs 14.40 crore).

Operating Profit surged by 103.98 per cent to Rs 114.37 crore as against Rs 56.07 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 8.33 per cent in March quarter.

Taxation increased by 106.79 per cent at Rs 30.15 crore (Mar'23 Rs 14.58 crore).