Mumbai, July 29 -- The numbers painted a story of solid quarter-on-quarter growth, even as year-on-year comparisons showed a few soft spots.

On a sequential basis, the company's total income rose 19% to Rs 680.4 crore, buoyed by a 15% increase in revenue from operations to Rs 617.4 crore and a sharp 73% jump in other income to Rs 63 crore. This top-line momentum came despite a 10% rise in total expenses, which stood at Rs 452.9 crore. Employee costs inched up 8%, while finance costs saw a 7% decline. Fee and commission expenses rose 24%, reflecting growing business activity.

The bottom line saw a strong uptick as well. Profit before tax surged 39% to Rs 227.5 crore, while net profit came in at Rs 175.5 crore, registering a 37% jump from...