The company reported standalone net profit of Rs 10.38 crore for the quarter ended September 30, 2019 as compared to Rs 6.85 crore in the same period last year, registering a year-on-year growth of 51.53 per cent. Net revenue of the company declined by 0.76 per cent at Rs 1,288.47 crore in July-September quarter of this fiscal as against Rs 1,298.33 crore in the corresponding period last year. During July-September quarter, operating expenses dropped by 0.97 per cent to Rs 1,262.50 crore from Rs 1,274.86 crore in year ago period.

Other Income grew by 7.06 per cent at Rs 3.79 crore versus (Sep'18 Rs 3.54 crore). Operating Profit surged by 10.65 per cent to Rs 25.97 crore as against Rs 23.47 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 11.60 per cent in September quarter. Interest grew by 7.96 per cent y-o-y to Rs 15.73 crore, while Taxation decreased by 36.50 per cent at Rs 2.54 crore