The company reported standalone net profit of Rs 57.00 crore for the quarter ended September 30, 2019 as compared to Rs 34.00 crore in the same period last year, registering a year-on-year growth of 67.65 per cent.

Net revenue of the company rose substantially by 31.76 per cent at Rs 195.00 crore in July-September quarter of this fiscal as against Rs 148.00 crore in the corresponding period last year. During July-September quarter, operating expenses increased by 32.04 per cent to Rs 136.00 crore from Rs 103.00 crore in year ago period.

Other Income grew by 57.14 per cent at Rs 11.00 crore versus (Sep'18 Rs 7.00 crore). Operating Profit surged by 31.11 per cent to Rs 59.00 crore as against Rs 45.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.49 per cent in September quarter. Taxation increased by 0.00 per cent at Rs 13.00 crore