The company reported standalone net profit of Rs 79.50 crore for the quarter ended September 30, 2019 as compared to Rs 55.20 crore in the same period last year, registering a year-on-year growth of 44.02 per cent. Net revenue of the company rose moderately by 14.32 per cent at Rs 351.20 crore in July-September quarter of this fiscal as against Rs 307.20 crore in the corresponding period last year. During July-September quarter, operating expenses increased by 10.49 per cent to Rs 247.50 crore from Rs 224.00 crore in year ago period.
Other Income grew by 51.40 per cent at Rs 16.20 crore versus (Sep'18 Rs 10.70 crore). Operating Profit surged by 24.64 per cent to Rs 103.70 crore as against Rs 83.20 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 9.05 per cent in September quarter. Interest grew by 1700.00 per cent y-o-y to Rs 3.60 crore, while Taxation decreased by 31.42 per cent at Rs 20.30 crore
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