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The company reported standalone net profit of Rs 13.37 crore for the quarter ended December 31, 2020 as compared to Rs 10.18 crore in the same period last year, registering a year-on-year growth of 31.34 per cent. Net revenue of the company rose moderately by 17.30 per cent at Rs 112.19 crore in October-December quarter of this fiscal as against Rs 95.64 crore in the corresponding period last year. During October-December quarter, operating expenses increased by 10.98 per cent to Rs 93.32 crore from Rs 84.09 crore in year ago period.

Other Income dipped by 55.27 per cent at Rs 1.06 crore versus (Dec'19 Rs 2.37 crore). Operating Profit surged by 63.46 per cent to Rs 18.88 crore as against Rs 11.55 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 39.24 per cent in December quarter. Interest declined by 21.74 per cent y-o-y to Rs 0.36 crore, while Taxation increased by 156.15 per cent at Rs 4.79 crore (Dec'19 Rs 1.87 crore).