The company reported standalone net profit of Rs 86.93 crore for the quarter ended December 31, 2018 as compared to Rs 67.44 crore in the same period last year, registering a year-on-year growth of 28.90 per cent.
Net revenue of the company rose moderately by 14.39 per cent at Rs 2,169.04 crore in October-December quarter of this fiscal as against Rs 1,896.14 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 13.51 per cent to Rs 1,901.18 crore from Rs 1,674.87 crore in year ago period.
Other Income grew by 3.18 per cent at Rs 8.11 crore versus (Dec'17 Rs 7.86 crore).
Operating Profit surged by 21.06 per cent to Rs 267.86 crore as against Rs 221.27 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.83 per cent in December quarter.
Interest grew by 8.59 per cent y-o-y to Rs 69.00 crore, while Taxation increased by 42.99 per cent at Rs 43.47 crore (Dec'17 Rs 30.40 crore).