The company reported standalone net profit of Rs 302.46 crore for the quarter ended December 31, 2019 as compared to Rs 296.77 crore in the same period last year, registering a year-on-year growth of 1.92 per cent.

Net revenue of the company rose substantially by 36.20 per cent at Rs 362.55 crore in October-December quarter of this fiscal as against Rs 266.18 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 128.29 per cent to Rs 244.45 crore from Rs 107.08 crore in year ago period.

Other Income dipped by 27.78 per cent at Rs 0.13 crore versus (Dec'18 Rs 0.18 crore).

Operating Profit surged by 2.11 per cent to Rs 303.62 crore as against Rs 297.34 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.03 per cent in December quarter.

Taxation increased by 72.00 per cent at Rs 1.29 crore (Dec'18 Rs 0.75 crore).