The company reported standalone net profit of Rs 26.96 crore for the quarter ended September 30, 2019 as compared to Rs 17.59 crore in the same period last year, registering a year-on-year growth of 53.27 per cent.

Net revenue of the company rose moderately by 11.51 per cent at Rs 192.56 crore in July-September quarter of this fiscal as against Rs 172.68 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 8.08 per cent to Rs 156.80 crore from Rs 145.08 crore in year ago period.

Other Income dipped by 35.96 per cent at Rs 0.73 crore versus (Sep'18 Rs 1.14 crore).

Operating Profit surged by 29.57 per cent to Rs 35.76 crore as against Rs 27.60 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 16.21 per cent in September quarter.

Interest grew by 18.37 per cent y-o-y to Rs 1.16 crore, while Taxation decreased by 20.94 per cent at Rs 7.25 crore (Sep'18 Rs 9.17 crore).