The company reported standalone net profit of Rs 34.56 crore for the quarter ended December 31, 2018 as compared to Rs 18.92 crore in the same period last year, registering a year-on-year growth of 82.66 per cent.

Net revenue of the company rose moderately by 7.74 per cent at Rs 474.22 crore in October-December quarter of this fiscal as against Rs 440.14 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 4.05 per cent to Rs 354.62 crore from Rs 369.57 crore in year ago period.

Other Income dipped by 30.00 per cent at Rs 4.69 crore versus (Dec'17 Rs 6.70 crore).

Operating Profit surged by 69.48 per cent to Rs 119.60 crore as against Rs 70.57 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 57.33 per cent in December quarter.

Interest grew by 14.59 per cent y-o-y to Rs 7.46 crore, while Taxation increased by 82.84 per cent at Rs 16.73 crore (Dec'17 Rs 9.15 crore).