The company reported standalone net profit of Rs 92.15 crore for the quarter ended September 30, 2019 as compared to Rs 63.84 crore in the same period last year, registering a year-on-year growth of 44.35 per cent.

Net revenue of the company rose marginally by 2.74 per cent at Rs 701.58 crore in July-September quarter of this fiscal as against Rs 682.86 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 0.90 per cent to Rs 582.66 crore from Rs 587.93 crore in year ago period.

Other Income dipped by 33.27 per cent at Rs 9.77 crore versus (Sep'18 Rs 14.64 crore).

Operating Profit surged by 25.26 per cent to Rs 118.91 crore as against Rs 94.93 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 21.94 per cent in September quarter.

Interest grew by 450.00 per cent y-o-y to Rs 0.77 crore, while Taxation decreased by 35.41 per cent at Rs 22.44 crore (Sep'18 Rs 34.74 crore).