The company reported standalone net profit of Rs 59.47 crore for the quarter ended September 30, 2019 as compared to Rs 21.90 crore in the same period last year, registering a year-on-year growth of 171.55 per cent. Net revenue of the company rose triple digit by 195.17 per cent at Rs 74.53 crore in July-September quarter of this fiscal as against Rs 25.25 crore in the corresponding period last year. During July-September quarter, operating expenses increased by 56.73 per cent to Rs 3.26 crore from Rs 2.08 crore in year ago period.
Other Income grew by 29.37 per cent at Rs 1.85 crore versus (Sep'18 Rs 1.43 crore). Operating Profit surged by 207.60 per cent to Rs 71.27 crore as against Rs 23.17 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.21 per cent in September quarter. Interest grew by 409.79 per cent y-o-y to Rs 11.98 crore, while Taxation increased by 410.71 per cent at Rs 1.43 crore (Sep'18 Rs 0.28 crore).