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The similar exports to UAE countries shall be repeated in future," said Company.

The company reported a 6.4% YoY decline in its net profit for the quarter ending December 2021 at Rs 680.62 crore against Rs 727.72 crore for the previous corresponding quarter.

The initial public offering (IPO) with a face value of Rs 10 per equity share consists of a fresh issue of equity shares aggregating to Rs 400 crore and an offer for sale (OFS) of up to 1,108,037 equity shares.

The company's Quarterly Net Profit stood at Rs. 9.01 crore in December 2021 up by a whopping 12202.05% YoY from Rs. 0.07 crore in December 2020.

Cards in force cross the 13 million-plus milestone. New Accounts cross 1 Mn+ milestone in Q3FY22.

Information Technology stocks were trading in the negative zone, with the S&P BSE IT Sector index falling 219.73 points or 0.63% at 34518 at 13:51 IST.

Sales rise 9.27% to Rs 98.30 crore

Consumer Durables stocks were trading with losses, with the S&P BSE Consumer Durables index falling 168.61 points or 0.4% at 41913.02 at 13:51 IST.

Sales decline 76.47% to Rs 0.04 crore

Healthcare stocks were trading in the negative zone, with the S&P BSE Healthcare index falling 12.52 points or 0.05% at 23811.47 at 13:51 IST.