The company reported standalone net profit of Rs 233.23 crore for the quarter ended June 30, 2021 as compared to Rs 198.18 crore in the same period last year, registering a year-on-year growth of 17.69 per cent.
Net revenue of the company rose moderately by 12.81 per cent at Rs 1,165.97 crore in April-June quarter of this fiscal as against Rs 1,033.60 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 10.66 per cent to Rs 810.75 crore from Rs 732.64 crore in year ago period.
Other Income dipped by 17.04 per cent at Rs 5.21 crore versus (Jun'20 Rs 6.28 crore).
Operating Profit surged by 15.34 per cent to Rs 355.22 crore as against Rs 307.98 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.25 per cent in June quarter.
Interest declined by 22.61 per cent y-o-y to Rs 1.54 crore, while Taxation increased by 17.83 per cent at Rs 80.96 crore (Jun'20 Rs 68.71 crore).