India, Jan. 18 -- The company reported standalone net profit of Rs 17.95 crore for the quarter ended December 31, 2018 as compared to Rs 12.68 crore in the same period last year, registering a year-on-year growth of 41.56 per cent.

Net revenue of the company rose substantially by 47.46 per cent at Rs 246.25 crore in October-December quarter of this fiscal as against Rs 167.00 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 47.95 per cent to Rs 207.34 crore from Rs 140.14 crore in year ago period.

Operating Profit surged by 44.86 per cent to Rs 38.91 crore as against Rs 26.86 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.74 per c...