The company reported standalone net profit of Rs 449.04 crore for the quarter ended September 30, 2021 as compared to Rs 363.09 crore in the same period last year, registering a year-on-year growth of 23.67 per cent.
Net revenue of the company rose by 5.36 per cent at Rs 3,653.30 crore in July-September quarter of this fiscal as against Rs 3,467.50 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 5.97 per cent to Rs 3,037.61 crore from Rs 2,866.60 crore in year ago period.
Other Income grew by 42.40 per cent at Rs 63.98 crore versus (Sep'20 Rs 44.93 crore).
Operating Profit surged by 6.05 per cent to Rs 711.29 crore as against Rs 670.71 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.67 per cent in September quarter.
Interest grew by 7.00 per cent y-o-y to Rs 17.12 crore, while Taxation decreased by 9.73 per cent at Rs 159.42 crore (Sep'20 Rs 176.60 crore).