The company reported standalone net profit of Rs 142.58 crore for the quarter ended September 30, 2017 as compared to Rs 91.07 crore in the same period last year, registering a year-on-yearÿgrowthÿof 56.56 per cent.
Net revenue of the company rose substantially by 41.89 per cent at Rs 156.95 crore in July-September quarter of this fiscal as against Rs 110.61 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 128.36 per cent to Rs 15.62 crore from Rs 6.84 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 5.19 crore versus (Sep'16 Rs 0.00 crore).
Operating Profit surged by 33.28 per cent to Rs 141.33 crore as against Rs 106.04 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 6.07 per cent in September quarter.
Taxation decreased by 76.61 per cent at Rs 2.62 crore (Sep'16 Rs 11.20 crore).