The company reported standalone net profit of Rs 121.93 crore for the quarter ended June 30, 2020 as compared to Rs 59.15 crore in the same period last year, registering a year-on-year growth of 106.14 per cent.

Net revenue of the company rose moderately by 19.19 per cent at Rs 489.62 crore in April-June quarter of this fiscal as against Rs 410.80 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 4.06 per cent to Rs 331.47 crore from Rs 318.55 crore in year ago period.

Other Income grew by 82.66 per cent at Rs 22.54 crore versus (Jun'19 Rs 12.34 crore).

Operating Profit surged by 71.45 per cent to Rs 158.16 crore as against Rs 92.25 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 43.81 per cent in June quarter.

Interest grew by 366.25 per cent y-o-y to Rs 3.73 crore, while Taxation increased by 31.23 per cent at Rs 38.07 crore (Jun'19 Rs 29.01 crore).