The company reported standalone net profit of Rs 39.12 crore for the quarter ended September 30, 2019 as compared to Rs 30.07 crore in the same period last year, registering a year-on-year growth of 30.10 per cent. Net revenue of the company rose substantially by 28.37 per cent at Rs 941.74 crore in July-September quarter of this fiscal as against Rs 733.61 crore in the corresponding period last year. During July-September quarter, operating expenses increased by 28.06 per cent to Rs 840.26 crore from Rs 656.15 crore in year ago period.
Other Income grew by 57.75 per cent at Rs 8.85 crore versus (Sep'18 Rs 5.61 crore). Operating Profit surged by 31.01 per cent to Rs 101.48 crore as against Rs 77.46 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.08 per cent in September quarter. Interest grew by 25.54 per cent y-o-y to Rs 30.33 crore, while Taxation increased by 36.80 per cent at Rs 12.75 crore (Sep'18 Rs 9.32 crore).