The company reported standalone net profit of Rs 243.18 crore for the quarter ended December 31, 2022 as compared to Rs 141.61 crore in the same period last year, registering a year-on-year growth of 71.73 per cent.

Net revenue of the company rose substantially by 68.55 per cent at Rs 6,235.14 crore in October-December quarter of this fiscal as against Rs 3,699.21 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 66.76 per cent to Rs 5,796.83 crore from Rs 3,476.17 crore in year ago period.

Other Income dipped by 11.62 per cent at Rs 38.35 crore versus (Dec'21 Rs 43.39 crore).

Operating Profit surged by 96.52 per cent to Rs 438.31 crore as against Rs 223.04 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 16.58 per cent in December quarter.

Interest grew by 165.02 per cent y-o-y to Rs 70.47 crore, while Taxation increased by 112.12 per cent at Rs 111.87 crore (Dec'21 Rs 52.74 crore).