The company reported standalone net profit of Rs 11.63 crore for the quarter ended September 30, 2017 as compared to Rs 10.45 crore in the same period last year, registering a year-on-yearÿgrowthÿof 11.29 per cent.
Net revenue of the company rose triple digit by 162.49 per cent at Rs 3,648.54 crore in July-September quarter of this fiscal as against Rs 1,389.95 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 154.78 per cent to Rs 3,652.08 crore from Rs 1,433.40 crore in year ago period.
Other Income dipped by 27.53 per cent at Rs 22.51 crore versus (Sep'16 Rs 31.06 crore).
Operating Profit slipped by 87.09 per cent to Rs -3.54 crore as against Rs -27.43 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 94.92 per cent in September quarter.
Interest grew by 62.42 per cent y-o-y to Rs 2.55 crore, while Taxation increased by 0.00 per cent at Rs 2.46 crore (Sep'16 Rs 0.00 crore).