The company reported standalone net profit of Rs 377.14 crore for the quarter ended December 31, 2017 as compared to Rs 320.56 crore in the same period last year, registering a year-on-year growth of 17.65 per cent.
Net revenue of the company rose moderately by 19.48 per cent at Rs 11,022.82 crore in October-December quarter of this fiscal as against Rs 9,226.04 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 19.47 per cent to Rs 9,711.09 crore from Rs 8,128.34 crore in year ago period.
Other Income grew by 36.09 per cent at Rs 299.35 crore versus (Dec'16 Rs 219.97 crore).
Operating Profit surged by 10.67 per cent to Rs 1,311.73 crore as against Rs 1,185.22 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 7.39 per cent in December quarter.
Interest declined by 17.88 per cent y-o-y to Rs 482.80 crore, while Taxation increased by 83.67 per cent at Rs 255.21 crore (Dec'16 Rs 138.95 crore).