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The company reported standalone net profit of Rs 35.92 crore for the quarter ended December 31, 2020 as compared to Rs 15.70 crore in the same period last year, registering a year-on-year growth of 128.79 per cent. Net revenue of the company rose moderately by 10.71 per cent at Rs 541.48 crore in October-December quarter of this fiscal as against Rs 489.11 crore in the corresponding period last year. During October-December quarter, operating expenses increased by 6.44 per cent to Rs 446.89 crore from Rs 419.85 crore in year ago period.

Other Income grew by 20.28 per cent at Rs 6.11 crore versus (Dec'19 Rs 5.08 crore). Operating Profit surged by 36.57 per cent to Rs 94.59 crore as against Rs 69.26 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 23.38 per cent in December quarter. Interest grew by 6.34 per cent y-o-y to Rs 18.63 crore, while Taxation increased by 72.08 per cent at Rs 15.16 crore (Dec'19 Rs 8.81 crore).