The company reported standalone net profit of Rs 63.80 crore for the quarter ended December 31, 2017 as compared to Rs 42.79 crore in the same period last year, registering a year-on-year growth of 49.10 per cent.
Net revenue of the company rose substantially by 21.74 per cent at Rs 615.50 crore in October-December quarter of this fiscal as against Rs 505.58 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 19.93 per cent to Rs 549.63 crore from Rs 458.31 crore in year ago period.
Other Income dipped by 1.83 per cent at Rs 6.42 crore versus (Dec'16 Rs 6.54 crore).
Operating Profit surged by 31.57 per cent to Rs 100.28 crore as against Rs 76.22 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 8.02 per cent in December quarter.
Interest grew by 233.33 per cent y-o-y to Rs 0.10 crore, while Taxation increased by 16.55 per cent at Rs 27.53 crore (Dec'16 Rs 23.62 crore).