The company reported standalone net profit of Rs 76.17 crore for the quarter ended September 30, 2019 as compared to Rs 41.37 crore in the same period last year, registering a year-on-year growth of 84.12 per cent.

Net revenue of the company rose substantially by 23.41 per cent at Rs 1,230.17 crore in July-September quarter of this fiscal as against Rs 996.79 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 23.66 per cent to Rs 1,107.95 crore from Rs 895.96 crore in year ago period.

Other Income grew by 248.78 per cent at Rs 4.29 crore versus (Sep'18 Rs 1.23 crore).

Operating Profit surged by 21.19 per cent to Rs 122.21 crore as against Rs 100.84 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.88 per cent in September quarter.

Interest grew by 16.63 per cent y-o-y to Rs 35.55 crore, while Taxation decreased by 94.90 per cent at Rs 1.11 crore (Sep'18 Rs 21.76 crore).