The company reported standalone net profit of Rs 226.56 crore for the quarter ended December 31, 2022 as compared to Rs 129.86 crore in the same period last year, registering a year-on-year growth of 74.46 per cent.

Net revenue of the company rose substantially by 57.71 per cent at Rs 1,616.14 crore in October-December quarter of this fiscal as against Rs 1,024.73 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 45.29 per cent to Rs 1,156.57 crore from Rs 796.05 crore in year ago period.

Other Income grew by 72.21 per cent at Rs 29.43 crore versus (Dec'21 Rs 17.09 crore).

Operating Profit surged by 100.97 per cent to Rs 459.57 crore as against Rs 228.68 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 27.42 per cent in December quarter.

Interest grew by 351.34 per cent y-o-y to Rs 85.98 crore, while Taxation increased by 100.14 per cent at Rs 116.70 crore (Dec'21 Rs 58.31 crore).