The company reported a standalone net profit of Rs 3.61 crore for the quarter ended June 30, 2019, as compared to Rs 1.85 crore in the same period last year, registering a year-on-year growth of 95.14 per cent. Net revenue of the company rose moderately by 10.35 per cent at Rs 30.80 crore in the April-June quarter of this fiscal as against Rs 27.91 crore in the corresponding period last year. During the April-June quarter, operating expenses increased by 4.53 per cent to Rs 27.24 crore from Rs 26.06 crore in the year ago period.
Other Income grew by 85.00 per cent at Rs 0.37 crore versus (Jun'18 Rs 0.20 crore). Operating Profit surged by 92.43 per cent to Rs 3.56 crore as against Rs 1.85 crore in the year-ago period, while Operating Profit Margin (OPM) expanded year-on-year to 74.36 per cent in June quarter. Taxation increased by 65.00 per cent at Rs 0.33 crore (Jun'18 Rs 0.20 crore).
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