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The company reported standalone net profit of Rs 15.17 crore for the quarter ended December 31, 2020 as compared to Rs 9.24 crore in the same period last year, registering a year-on-year growth of 64.18 per cent. Net revenue of the company rose substantially by 92.56 per cent at Rs 102.46 crore in October-December quarter of this fiscal as against Rs 53.21 crore in the corresponding period last year. During October-December quarter, operating expenses increased by 98.20 per cent to Rs 88.18 crore from Rs 44.49 crore in year ago period. Other Income grew by 38.94 per cent at Rs 8.10 crore versus (Dec'19 Rs 5.83 crore).

Operating Profit surged by 63.76 per cent to Rs 14.28 crore as against Rs 8.72 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 14.90 per cent in December quarter. Interest grew by 1.60 per cent y-o-y to Rs 2.54 crore, while Taxation increased by 143.75 per cent at Rs 3.51 crore (Dec'19 Rs 1.44 crore).