The company reported standalone net profit during the quarter stood at Rs 204.22 crore compared to net loss of Rs 58.77 crore in the previous year quarter.
Net revenue of the company rose substantially by 83.79 per cent at Rs 924.34 crore in October-December quarter of this fiscal as against Rs 502.94 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 16.86 per cent to Rs 545.93 crore from Rs 467.17 crore in year ago period.
Other Income dipped by 63.33 per cent at Rs 119.60 crore versus (Dec'17 Rs 326.11 crore).
Operating Profit surged by 957.90 per cent to Rs 378.41 crore as against Rs 35.77 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 475.81 per cent in December quarter.
Interest declined by 41.56 per cent y-o-y to Rs 177.63 crore, while Taxation increased by 257.60 per cent at Rs 85.56 crore (Dec'17 Rs -54.29 crore).