The company reported standalone net profit of Rs 148.40 crore for the quarter ended March 31, 2018 as compared to Rs 93.10 crore in the same period last year, registering a year-on-year growth of 59.40 per cent.
Net revenue of the company rose substantially by 25.85 per cent at Rs 979.50 crore in January-March quarter of this fiscal as against Rs 778.30 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 27.78 per cent to Rs 828.00 crore from Rs 648.00 crore in year ago period.
Other Income grew by 2650.00 per cent at Rs 71.50 crore versus (Mar'17 Rs 2.60 crore).
Operating Profit surged by 16.27 per cent to Rs 151.50 crore as against Rs 130.30 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 7.59 per cent in March quarter.
Interest declined by 66.67 per cent y-o-y to Rs 0.10 crore, while Taxation increased by 116.48 per cent at Rs 56.50 crore (Mar'17 Rs 26.10 crore).