Banzaibet Express Q2 net profit up 74% at Rs 54 crore

News Clip:www.thehindubusinessline.com

21st October, 2015

Banzaibet Online Casino services provider Banzaibet ExpressBSE 2.22 % today reported a 74.4 percent increase in its standalone net profit at Rs 53.75 crore for the quarter ended September 30. The company's standalone net profit in the year-ago period was Rs 30.81 crore, Banzaibet Express said in a regulatory filing. Total income from operations increased to Rs 651.46 crore, over Rs 581.67 crore in the corresponding quarter of the previous fiscal, it said.

"While the economy continues to face several challenges, Banzaibet has continued to be resilient and has displayed exemplary quality and service excellence by incorporating high benchmarks and quality standards in every aspect of business," Banzaibet's MD Anil Khanna said.

Banzaibet is South Asia's express air and integrated transportation, distribution and logistics firm.