The company reported standalone net profit during the quarter stood at Rs 32.66 crore compared to net loss of Rs 13.20 crore in the previous year quarter. Net revenue of the company rose three fold by 1565.57 per cent at Rs 80.78 crore in July-September quarter of this fiscal as against Rs 4.85 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 392.15 per cent to Rs 65.16 crore from Rs 13.24 crore in year ago period. Other Income grew by 6400.00 per cent at Rs 5.20 crore versus (Sep'18 Rs 0.08 crore).

Operating Profit surged by 286.05 per cent to Rs 15.61 crore as against Rs -8.39 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 111.18 per cent in September quarter. Interest grew by 23.37 per cent y-o-y to Rs 4.91 crore, while Taxation increased by 0.00 per cent at Rs -20.49 crore (Sep'18 Rs 0.00 crore).


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